Business, 11.11.2020 18:00 whitakers87

An investor purchases a 20-year, $1,000 par value bond that pays semiannual interest of $40. If the semiannual market rate of interest is five percent, what is the current market value of the bond?

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An investor purchases a 20-year, $1,000 par value bond that pays semiannual interest of $40. If the...

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