Consider the longest-maturity bond of the company

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Consider the longest-maturity bond of the company. Assuming a current discount rate of 6%, what is the value of this bond? Can you please explain how you got your answer?

Coupon: (Fixed) 2.400%

Frequency: Semi-Annually

Par Value: 1000

Start Date: 5/3/2013

Maturity Date: 5/3/2023

Corporate Bond

Reference no: EM131545188

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