18 Assume that a 15 year, $1,000 face value bond pays semi annual interest of $30 00 If an investor requires(Market interest rate) a simple annual rate of return of 8 percent, how much should the investor be willing to pay for this bond (Round the answer to two decimal places ) O $827 08 O $572 03...

Amount PV factor 8 Present value Annual in ...

18. Assume that a 15-year, $1,000 face value bond pays semi-annual interest of $30.00. If an...

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18. Assume that a 15-year, $1,000 face value bond pays semi-annual interest of $30.00. If an...

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