Assume that you are considering the purchase of a 20 year, Financial Management

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Assume that you are considering the purchase of a 20 year

Assume that you are considering the purchase of a 20 year corporate bond with an annual coupon rate of 9.50%. ?The bond has a par value of $1,000, and you require an 8.6% annul rate of return on this investment. ?What is the price you should be willing to pay for the bond?

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Financial Management: Assume that you are considering the purchase of a 20 year

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Financial Management: Assume that you are considering the purchase of a 20 year

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