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samualson samualson
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5 years ago
Bart's Moving Company bonds have a 11% coupon rate. Interest is paid semiannually. The bonds have a par value of $1,000 and will mature 8 years from now. Compute the value of Bart's Moving Company bonds if investors' required rate of return is 9.5%.
A) $1,197.27
B) $1,133.05
C) $1,098.99
D) $1,082.75
Textbook 
Foundations of Finance

Foundations of Finance


Edition: 9th
Authors:
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Marc18Marc18
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samualson Author
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Literally the most helpful website ever
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Monkey
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3 years ago Edited: 3 years ago, Antonio Rodriguez
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