browandeRosefaC browandeRosefaC
  • 08-03-2017
  • Business
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Morin company's bonds mature in 8 years, have a par value of $1,000, and make an annual coupon interest payment of $65. the market requires an interest rate of 8.2% on these bonds. what is the bond's price?

Respuesta :

gone530 gone530
  • 16-03-2017
what is the bond's price?
it is $903.04
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