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# Mr Eugene holds a five-year, 10%, ksh100, 000 bond. Determine the value of this bond if the cost of capital is: i. 10%

Mr Eugene holds a five-year, 10%, ksh100, 000 bond. Determine the value of this bond if the cost of capital is: i. 10%

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### Step: 1

To determine the value of Mr Eugenes bond we need to use the formula for the present value of a bond which is the sum of the present values of the bon...### Get Instant Access to Expert-Tailored Solutions

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### Step: 2

### Step: 3

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