How much should you pay for a bond

Reference no: EM132005215

Question: How much should you pay for a $1,000 bond with 10% coupon, annual payments, and five years to maturity if the interest rate is 12%? The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

Reference no: EM132005215

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