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What is the return on the bond

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Reference no: EM133027205

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The Piedmont Flyers have issued a 8-year bond with a face value of $1000. The price of the bond is $880. The market rate is 10% annually. What is the coupon payment?

The Piedmont Flyers have issued a 30-year bond with a selling price of $750 and a coupon payment of $100. The face value is $1000. What is the return on the bond?

Reference no: EM133027205

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