What is the value to you of a 9 percent coupon bond with a par value
What is the value to you of a 9 percent coupon bond with a par value of $10,000 that matures in 10 years if you require a 7 percent return? Use semiannual compounding. 2. What would be the value of the bond in Problem 1 if you required an 11 percent rate of return?
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