What would you pay for a debenture bond

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Question - Computation of Bond Prices

What would you pay for a $100,000 debenture bond that matures in 15 years and pays $10,000 a year in interest if you wanted to earn a yield of:

(a) 8%?

(b) 10%?

(c) 12%?

Reference no: EM131765731

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