Question: Round 4 decimal places Question 17 What is the present value of bond with the following characteristics: Semi-Annual Coupon Rate = 15% Par = $1,000

Round 4 decimal places

Question 17 What is the present value of bond with the following characteristics: Semi-Annual Coupon Rate = 15% Par = $1,000 Maturity = 100 years YTM = 3% -15,746.5893

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