A 2500 65 eight-year bond has annual coupons if it is


A $2,500 6.5% eight-year bond has annual coupons. If it is purchased for $2,590, the investor will anticipate a 5.4% annual yield for the eight-year investment. Find the redemption amount on this bond.

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Financial Management: A 2500 65 eight-year bond has annual coupons if it is
Reference No:- TGS01230861

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