Question: A 1 0 % coupon $ 1 , 0 0 0 par value bond with four years to maturity is currently selling for $ 9
A coupon $ par value bond with four years to maturity is currently selling for $ The bond pays coupon payments on a semiannual basis. If interest rates move in the corporation's favor, the bond will be called for $
What is the price of the bond if interest rates fall by semiannually?
$
$
$
$
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