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What would be the value of the bond

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Reference no: EM132486236

Point 1: A bond that matures in 14 years has a ?$1,000 par value. The annual coupon interest rate is 13 percent and the? market's required yield to maturity on a? comparable-risk bond is 14 percent.

Question 1 : What would be the value of this bond if it paid interest? annually? What would be the value of this bond if it paid interest? semiannually?

Reference no: EM132486236

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