Anna is looking to invest in a bond with a P1,000 par value, 8 percent annual coupon
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Question:
Anna is looking to invest in a bond with a P1,000 par value, 8 percent annual coupon pays interest semiannually and will mature in 15 years. The nominal yield to maturity is 11 percent. What is the value of the bond?
2. ABC Corp issued a bond with a maturity of 12 years. It has a 9 percent annual coupon, a yield to maturity of 8 percent, and a face value of P1,000. Compute the following:
a. What is the coupon payment?
b. What is the value of the bond ? *
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