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    jaded_baby's Avatar
    jaded_baby Posts: 1, Reputation: 1
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    #1

    Jun 9, 2008, 02:49 AM
    Finance Present Value
    a corporate bond with a $1000 face value pays $65 coupon every six months. The bond will mature in 20 years and has a nominal yield to maturity of 9.75%. What is the price of the bond?
    985.72
    1204.67
    1283.67
    995.75
    morgaine300's Avatar
    morgaine300 Posts: 6,561, Reputation: 276
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    #2

    Jun 9, 2008, 12:40 PM
    Please see our guidelines for submitting homework problems, in the big red print at the top of this page:

    https://www.askmehelpdesk.com/financ...-b-u-font.html
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