a bond matures in Feb, 2020. it has a face value at $1,000. a 10% coupon...

a bond matures in Feb, 2020. it has a face value at $1,000. a 10% coupon paid semi-annually, and a required return of 12% per year. (compounded semi-annually). At what price should the bond sell today.

(Use financial calculator in details, and simple solution)

Expert Solution

jeff jeffy answered 1 year ago

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