| A bond pays a coupon of $80 annually. Current
bonds with the same rating are have a 7% interest rate. The value of
this bond would be |
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|
Answer
greater than 1000
Wednesday, 7 August 2013
A bond pays a coupon of $80 annually. Current bonds with the same rating are have a 7% interest rate. The value of this bond would be 1. greater than 1000 2. less than 1000 3. 1000 exactly
Answer
greater than 1000
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