Calculate the value of a non-callable 10-year bond with a

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Calculate the value of a non-callable 10-year bond with a coupon rate of 6% compounded semi-annually if you expect 8% yield on the bond. Assume a $1,000 face value for the bond.

A) $864.10
B) $918.89
C) $1,137.11
D) $828.81
E) $1,085.30

Reference no: EM13568817

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