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Hamilton, Inc. bonds have a coupon rate of 8 years. Their par value is $1,000. If your required rate of return is 11 percent, what is the value of the bond? What is the value if the interest is paid annually?

a. If the interest is paid semiannually, the value of the bond is $

b. If the interest is paid annually, the value of the bond is $

Financial Management, Finance

  • Category:- Financial Management
  • Reference No.:- M92404822

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