You want to buy some bonds that will have a value of $1,000 at the end of

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You want to buy some bonds that will have a value of $1,000 at the end of seven years. The bonds pay 4.5 percent interest annually. How much should you pay for them today?

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Fundamentals of corporate finance

ISBN: 978-0470876442

2nd Edition

Authors: Robert Parrino, David S. Kidwell, Thomas W. Bates

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Question Posted: Jun 08, 2012 01:22 AM

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You want to buy some bonds that will have a value of $1,000 at the end of

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Face value of bond at maturity FV ...View the full answer

Fundamentals of corporate finance

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