What is the value of bond-required rate of return

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What is the value of a bond that has a par value of $1,000, a coupon rate of 17.24 percent (paid annual and that matures in 8 years? Assume a required rate of return on this bond is 13.53 percent.

Reference no: EM131297775

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What is the value of bond-required rate of return : What is the value of a bond that has a par value of $1,000, a coupon rate of 17.24 percent (paid annual and that matures in 8 years? Assume a required rate of return on this bond is 13.53 percent.

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