Omega Corp s bonds have a 1 5 year maturity, a 3 5 0 semiannual coupon, and a par value of $ 1 , 0 0 0 The going interest rate ( rd ) is 4 0 0 , based on semiannual compounding What is the bond s price Can you show all steps simplify please ...

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Omega Corp. s bonds have a 1 5 - year maturity, a 3 . 5 0 %

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Question:

Omega Corp.

s bonds have a

15 -

year maturity, a

3.50 %

semiannual coupon, and a par value of $

1, 000 .

The going interest rate

(

)

4.00 %,

based on semiannual compounding. What is the bond

s price? Can you show all steps & simplify please.

Posted Date: May 19, 2024 03:07 AM

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Omega Corp. s bonds have a 1 5 - year maturity, a 3 . 5 0 %

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