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October 25, 2014

Homework Help: math

Posted by tom on Saturday, March 30, 2013 at 9:40pm.

If a company issues bonds with a face value of $1000, a coupon rate of 7%, and that will mature in 10 years. The current market yield is 10%. if the bonds pay interest semiannually, what is the value of the bonds? please he;p with the formula?

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