What is the market value of a 20-year bond with face value of $1000, which makes quarterly

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What is the market value of a 20-year bond with face value of $1000, which makes quarterly coupon payments at a coupon rate of 10%, if the required rate of return is 8% per year? Round off your final answer to three digits after the decimal point.

Posted Date: May 16, 2024 06:10 AM

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What is the market value of a 20-year bond with face value of $1000, which makes quarterly

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Given Face value of the bond 1000 Coupon rate 10 quarterly payments Required ... View the full answer

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