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How much should be the price of the bond today

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Reference no: EM132920930

The Tonald Drump Real Estate Inc. issued a 20 year maturity bond on June 16, 2010. The bond had a 8% coupon, $10,000 face value and a 10% YTM.

Problem 1: How much should be the price of this bond today (June 16, 2021)?

Problem 2: How much will be this bond worth June 10, 2026?

Reference no: EM132920930

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