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Mathematics, 27.11.2020 01:20 kennyduong04

FINANCE 6. Calculate the value of a $1,000.00 bond issued with a maturity date four years in the future. Its stated annual coupon rate is 3.88%, and its required return rate is 2.60%.

A. $318.38
B. $486.77
C. 1,000.00
D. 1,048.04

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