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Business, 19.07.2021 17:00 xojade

Assume that a corporate bond has a par value of $1,000 and 8 years until it matures. This bond also has an annual coupon rate of 7.5%, but pays interest every 6 months. If investors require an annual nominal rate of return of 8.6% (compounded semi-annually), then what should be the current price for this bond

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Assume that a corporate bond has a par value of $1,000 and 8 years until it matures. This bond also...
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