Business
Business, 22.06.2021 16:30, thedarcieisabelleand

An investor just purchased a 10-year, $1,000 par value bond. The coupon rate on this bond is 8 percent annually, with interest being paid every six months. If the investor expects to earn a 10 percent simple rate of return on this bond, how much should the investor pay for it

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An investor just purchased a 10-year, $1,000 par value bond. The coupon rate on this bond is 8 perce...

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