Compute the price of bond

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Reference no: EM131073284

Compute the price of a 15 year bond, which pays 15.67 % coupon monthly, when investors require a 20% rate of return on such bonds. What would be its price 3 years from now, if the required rate of return at the end of 3 years is 10%?

Does it matter if it has coupon monthly?

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Reference no: EM131073284

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