Question: A bond has a 4 percent coupon rate, payable semi-annually, and a face value of M1, 000. If the bond matures on July 2041 and

A bond has a 4 percent coupon rate, payable semi-annually, and a face value of M1, 000. If the bond matures on July 2041 and the yield to maturity is 12 percent, a) What is the current market value 2 answers

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