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Coupon Bond

a) If the face value of a 10% coupon bond is $10,000, what is the yearly coupon payment?

b) If the yield to maturity of the above coupon bond is 8% and has 10 years to maturity, what is the present value of the coupon bond?

Business Economics, Economics

  • Category:- Business Economics
  • Reference No.:- M91295553

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