P4-10. A $1,000 par value bond pays a coupon rate of 8.2%. The bond makes semiannual payments and in four years. If investors require a 10% return on this investment, what is the bond's price)
P4-10. A $1,000 par value bond pays a coupon rate of 8.2%. The bond makes semiannual payments and in four years. If investors require a 10% return on this investment, what is the bond's price)
Chapter6: Bonds (debt) - Characteristics And Valuation
Section: Chapter Questions
Problem 4PROB
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