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What is the most you would be willing to pay for this bond

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Question - Opportunity to buy $1,000 bond which matures in 10 years. The bond pays $30 every ix months. The current market interest rate is 8%. What is the present vale of the interest payments? What is the present value of the face amount? What is the most you would be willing to pay for this bond?

Reference no: EM131870209

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