Question
In: Finance
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?
Solutions
Expert Solution
Market price of the bond = $802.3223 Answer
Kindly do let me know in case you have any queries.
jeff jeffy answered 1 year agoRelated Solutions
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