What should be the price of a bond which has a par value of Rs . 1

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Question:

What should be the price of a bond which has a par value of Rs

. 1000

carrying a coupon rate of

8 %

and having a maturity period of

9

years? The required rate of return of the investor is

12 % .

Related Book For answer-question

College Algebra With Modeling And Visualization

ISBN: 9780134418049

6th Edition

Authors: Gary Rockswold

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Posted Date: Mar 19, 2024 06:29 AM

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What should be the price of a bond which has a par value of Rs . 1

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College Algebra With Modeling And Visualization

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