Business, 06.05.2020 03:00, lalllda

Assume a 1000 face value bond has coupon rate of 8.5 percent, pays interest semi- annually, and has an eight-year life. if investors are willing to accept a 10 percent rate of return on bonds of similar quality, what is the percent value or worth if this bond?

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Assume a 1000 face value bond has coupon rate of 8.5 percent, pays interest semi- annually, and has...