Calculate the value of a $500-par-value bond paying quarterly interest at an annual coupon interest...
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Accounting
Calculate the value of a $500-par-value bond paying quarterly interest at an annual coupon interest rate of 13% and having 7 years until maturity if the required return on similar risks bonds is currently a 12% annual rate paid QUARTERLY. The present value of the bond is ? (Round to the nearest cent ) Co bond PW 2011 IS 11 BF
The present value of the bond is ? (Round to the nearest cent )
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