How much should you pay for a bond with $ 1 , 0 0 0 face value;

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How much should you pay for a bond with $ $1, 000$ face value; a $14$ percent coupon rate, and five years to maturity it your appropriate discount tate is $10$ percent and interest is paid semiannually?

Keep $2$ decimal pilaces in the answer

a $.$ $ $115454$

B $.$ $ $124934$

c $ $134.34$

D $.$ $ $1149.34$

Related Book For answer-question

Valuation The Art and Science of Corporate Investment Decisions

ISBN: 978-0133479522

3rd edition

Authors: Sheridan Titman, John D. Martin

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Posted Date: Feb 03, 2024 12:33 AM

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How much should you pay for a bond with $ 1 , 0 0 0 face value;

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Valuation The Art and Science of Corporate Investment Decisions

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