Find price of bond if current interest rates are ten percent
A $1,000 bond has a 7.5% coupon and matures after 10 years. If current interest rates are 10%, what should be the price of the bond? b.) If after six years interest rates are still at 10%, what should be the price of the bond?
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If current interest rates are 10%, what should be the price of the bond? b.) If after six years interest rates are still at 10%, what should be the price of the bond?
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