What is the worth of the bond

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Reference no: EM13261563

Rockne, Inc., has outstanding bonds that will mature in six years and pay an 8 percent coupon semiannually. If you paid $993.46 today and your required rate of return was 7.47 percent.

What is the worth of the bond?

Reference no: EM13261563

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What is the worth of the bond : Rockne, Inc., has outstanding bonds that will mature in six years and pay an 8 percent coupon semiannually. If you paid $993.46 today and your required rate of return was 7.47 percent.

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