How much would you be willing to pay for bond

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Reference no: EM131064637

HexChat, Inc. has issued 15 year bonds 5 years ago. The bonds pay semiannual coupons, with a coupon rate of 3.7 percent, and $1000 face value. If your required return on this investment is 6.2 percent APR, how much would you be willing to pay for this bond?

Reference no: EM131064637

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