Business
Business, 04.11.2020 18:00, boxergirl9875

Assume that a 15-year, $1,000 face value bond pays interest of $37.50 every 3 months. If an investor requires a simple annual rate of return of 12 percent with quarterly compounding, how much should the investor be willing to pay for this bond

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Assume that a 15-year, $1,000 face value bond pays interest of $37.50 every 3 months. If an investor...

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