Question: Dynamic Systems has an outstanding bond that has a $ 1 0 0 0 par value and a 1 0 percent coupon rate. Interest paid

Dynamic Systems has an outstanding bond that has a $1000 par value and a 10percent coupon rate. Interest paid semiannually. The bond has 11 years remaining until it matures. Today the going interest rate is 12 percent and is expected to reman at this level for many years in the future

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