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Find what is the present value of the face value of the bond

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Reference no: EM132763007

Karim Mabait issues a P1,000 corporate bond with an annual interest rate of P5%, making semi-annual interest payments for 2 years. The bond's yield to maturity is 3%.

Problem a. What is the present value of the coupon payments?

Problem b. What is the present value of the face value of the bond?

Problem c. What is the price of the bond?

Reference no: EM132763007

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