Question: i want solution for above question in 15 mins I will give like if you give correct answer Please use finance calculator An issue of

i want solution for above question in 15 mins I will give like if you give correct answer

i want solution for above question in 15 mins I

Please use finance calculator An issue of bends with par of $1,000 matures in 8 years and pays 9% p.a. interest semi-annually. The market price of the bonds is $955 and your required rate of return is 8%. (a) Calculate the bonds expected rate of return. (6) Calculate the value of the bond to you, given your required rate of return. (c) Should you purchase the bend? (State the reason for your decision.)

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