The face value of a 10- year, 10% bond is Rs. 10, 000. The interest...

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Finance

The face value of a 10- year, 10% bond is Rs. 10, 000. The interest is payable semi annually. Assuming 12% required rate of return of investors, compute the value of the bond. What price would an investor be willing to pay, if interest is payable annually.

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