Question: please solve asap and i will give a thumbs up compounded annually* XYZ company issued a new bond on January 1, 2020. This bond has
XYZ company issued a new bond on January 1, 2020. This bond has an annual coupon rate of 8 percent, a par value of 1.000 dolar and it matures in 8 years Coupon annually (le, on June 30 th and December 31st of each year). What was the market value of this bond on July 1, 2021 when the yield-to-maturity (YTM) on it was 10 percent O $1,000.00 O $ 906.06 O $ 891.62 $ 1.132.43 $ 573.80
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