Business, 16.03.2020 16:08, talanna394

Your client has been offered a 5-year, $1,000 par value bond with a 10 percent coupon. Interest on this bond is paid quarterly. If your client is to earn a simple rate of return of 12 percent, compounded quarterly, how much should she pay for the bond

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Your client has been offered a 5-year, $1,000 par value bond with a 10 percent coupon. Interest on t...