What is the present worth of a 50000 debenture bond that
Problem
What is the present worth of a $50,000 debenture bond that has a bond coupon rate of 8% per year, payable quarterly? The bond matures in 15 years. The interest rate in the marketplace is 6% per year, compounded quarterly.
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problemwhat is the present worth of a 50000 debenture bond that has a bond coupon rate of 8 per year payable quarterly
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