What is the present value of the selling price of a $1,000, 8% bond (interest paid semi-annually)

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What is the present value of the selling price of a $1,000, 8% bond (interest paid semi-annually) if comparable market interest rates rise to 10% and the bond matures in 14 years?

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Personal Finance

ISBN: 978-1133595830

12th edition

Authors: Thomas Garman, Raymond Forgue

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Posted Date: Apr 25, 2024 10:37 AM

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What is the present value of the selling price of a $1,000, 8% bond (interest paid semi-annually)

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