What is the market value of the following bondnbspwhy when
What is the market value of the following bond?
Coupon 8%
Maturity date 2038
Interest paid semi annually
Par Value $1000
Market interest rate 10%
Why when I plug this in excel am I getting the answer but its a negative number?
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what is the market value of the following bondcoupon 8maturity date 2038interest paid semi annuallypar value 1000market
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