Xeroz issed bonds that pay 65 in interest each year and, Ask an Expert

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Xeroz issed bonds that pay $65 in interest each year and will mature in 9 years. You are thinking about purchasing the bonds. You have decided that you would need to recieve a return of 8 percent on your investment. What is the value of the bond to you, first assuming that interest is paid annually and then semi-annually?

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M91771858

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