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WR offers a 9% coupon bond with semiannual payments. Discount rate is 11.94%. The bonds mature...

WR offers a 9% coupon bond with semiannual payments. Discount rate is 11.94%. The bonds mature in 14 years. What is the market price per bond if the face value is $1,000?

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Market price of the bond = $802.3223 Answer

Kindly do let me know in case you have any queries.

jeff jeffy answered 1 year ago
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