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Bond validation-Semi-annual interest

Find out the value of bond maturing in 6yrs. with the $1,000 par value and the coupon interest rate of 12% (6% paid semi-annually) if required return on similar risk bonds is 13% annual interest (6.5% paid semi-annually).

prepare down the present value of bonds?

Project Management, Management Studies

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  • Reference No.:- M914690

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