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Business, 26.09.2019 16:30 steven983

Assuming that the current interest rate is 6 percent, compute the present value of a five-year, 5 percent coupon bond with a face value of $1,000. what happens when the interest rate goes to 7 percent? what happens when the interest rate goes to 5 percent?

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Assuming that the current interest rate is 6 percent, compute the present value of a five-year, 5 pe...
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