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How do find what would be the bonds value

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Reference no: EM132716061

Assume Venture Healthcare sold bonds that had a ten-year maturity, a 12 percent coupon rate with annual payments, and a $1,000 par value.

Problem a. Suppose that two years after the bonds were issued, the required interest rate fell to 7 percent. What would be the bonds value?

Reference no: EM132716061

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