Business, 10.03.2020 05:10 lightning1157blaze
1. ) You purchased a 20-year bond at par ($1,000) issued 5 years ago, that has an annual coupon of 7%, but rates in the market place for comparable issues have fallen to 4.5% today. If you needed to sell some of these bonds to raise some capital, what would their sale price per bond be today?
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1. ) You purchased a 20-year bond at par ($1,000) issued 5 years ago, that has an annual coupon of 7...
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