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What would you pay for the bond

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Reference no: EM132967194

Question - You are interested in investing money into a fixed income investment and you are an avid sports fan. Your broker tells you that there is a bond from the National Football League's Atlanta Falcons on the secondary market and gives you the details. What would you pay for the bond, which pays an annual coupon of $108, has a face value of $800 dollars, matures in 21 years, and has a yield to maturity of 12.3%?

Reference no: EM132967194

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