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Business, 31.07.2019 00:20 akheel4818

Abond you are evaluating has a 10 percent coupon rate (compounded semiannually), a $1,000 face value, and is 10 years from maturity. ( lg 3-4) if the required rate of return on the bond is 6 percent, what is its fair present value? if the required rate of return on the bond is 8 percent, what is its fair present value? what do your answers to parts (a) and (b) say about the relation between required rates of return and fair values of bonds?

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Abond you are evaluating has a 10 percent coupon rate (compounded semiannually), a $1,000 face value...
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