Calculate the price of a bond with the following characteristics: Par Value: $1,000 Term to...
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Calculate the price of a bond with the following characteristics: Par Value: $1,000 Term to Maturity: 3 years Coupon (Interest) Rate: 4% Assume a yield to maturity (discount rate) of 12%.
Taco John's, Inc. has issued a bond with the following characteristics: Par Value: $1,000 Term to Maturity: 20 years Coupon (Interest) Rate: 8% Calculate the price of the bond if the yield to maturity (discount rate) is : a) 8 percent b) 10 percent c) 6 percent
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