A bond has an annual coupon rate of 8 percent and a par
A bond has an annual coupon rate of 8 percent and a par value of $1,000 and will mature in 20 years. If you require a 7 percent return, what price would you be willing to pay for this bond?
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a bond has an annual coupon rate of 8 percent and a par value of 1000 and will mature in 20 years if you require a 7
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