You have just been offered a bond for s86373 the coupon, Ask an Expert

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You have just been offered a bond for S86373. The coupon rate is 8% payable annually, and interest rates on new issues with the same degree of risk are 10%. You want to know how many more bond/coupon/interest payments you will receive, but the party selling the bond cannot remember. If the par value is $1,000 how many interest payments remain?

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92682897

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