Question: please dont use excel formatting (5 points) The H&H Computer Company has an outstanding issue of bond with a par value of $1,000 and a
(5 points) The H&H Computer Company has an outstanding issue of bond with a par value of $1,000 and a 8 percent coupon rate. The bond pays interest semi-annually. The bond was issued 20 years ago and has 7 years to maturity. What is the value of the bond assuming an 7 percent market interest rate? For the toolbar, press ALT+F10 (PC) or ALT+FN+ F1 0 (Mac). T TT Ariel
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