Suppose you buy a bond on january 1st 2012 how much can


Suppose you buy a bond on January 1st, 2012. The principal amount is $2,000, the coupon rate is 15% and the bond matures in exactly three years. If the prevailing interest rate is 20%, for how much can you sell the bond on January 1st, 2014?

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Financial Management: Suppose you buy a bond on january 1st 2012 how much can
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