The company issued a 1000 par value 6 coupon 5 year bond


The Company issued a $1,000 par value, 6% coupon, 5 year bond. The interest is paid semiannually and the market is currently requiring 5% on this risk level bond. What is the current value of the bond?

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Financial Management: The company issued a 1000 par value 6 coupon 5 year bond
Reference No:- TGS01412196

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