The required rate of return on the bonds

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Reference no: EM131300613

Packman Inc issued 20 yer-maturity bonds 8 years ago at par value. The coupon rate on the bonds is 7% paid semi annually if the required rate of return on the bonds is 8.4% what is the valye of the bonds today?

Reference no: EM131300613

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The required rate of return on the bonds : Packman Inc issued 20 yer-maturity bonds 8 years ago at par value. The coupon rate on the bonds is 7% paid semi annually if the required rate of return on the bonds is 8.4% what is the valye of the bonds today?

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