How much is the bond worth now

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Reference no: EM131576829

A 30-year bond has a face value $1,000 and a coupon rate of 6% per year, interest payments are paid semiannually. if the maturity from now is exactly 10 years and the current market rate for the same bond is 10% per year, compounded semiannually. how much is the bond worth now?

Reference no: EM131576829

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