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pateclo
Jun 4, 2011, 01:56 PM
Bond valuation) General Electric made a coupon payment yesterday on its 6.75% bonds

That mature in 8.5 years. If the required return on these bonds is 8% APR, what should be

The market price of these bonds?

Just Looking
Jun 4, 2011, 02:34 PM
Please read this announcement.

Announcement: (https://www.askmehelpdesk.com/finance-accounting/announcement-font-color-ff0000-u-b-read-first-expectations-homework-help-board-b-u-font.html)

Your textbook will have the formula for this, or you can look it up online. If you show your work, we will check it for you. Thanks.