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  3. you own a bond that pays 12% in annual coupon inte

you own a bond that pays 12% in annual coupon interest. it matures in 15...

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Accounting

you own a bond that pays 12% in annual coupon interest. it matures in 15 years. calculate the value of the bond if your required rate of return on the bond is:
a) 8%
b) 12%
c) 15%

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