Homework Help: Financial

Posted by Judy on Sunday, September 16, 2012 at 11:04am.

assume a $1000 face value bond has a coupon rate of 8.5 percent pay interest semi-annually, ahd has an eight-year life. if investors are willingto accept a 10.25 percent rate of return on bonds of similar quality, what is the present value or worth of this bond?

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