A bond makes coupon payments semiannually suppose its


A bond makes coupon payments semiannually. Suppose its coupon rate is 6%, the interest rate is 8%, and it matures in 4 years. What is the present value of the bond? How much will it be worth one year from now? How much will it be worth in 4 years?

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Financial Management: A bond makes coupon payments semiannually suppose its
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