Question: Girardi Relocation Services issued a $1,000 par value bond with a 6.5% coupon rate. The interest is paid annually, and the bond matures in three

Girardi Relocation Services issued a $1,000 par value bond with a 6.5% coupon rate. The interest is paid annually, and the bond matures in three years. If you require a 12.2% return on this bond, what is it worth to you today

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