Computation of value of a bond using several required rate

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Computation of Value of a Bond using various required rate of return.

Determine the value of a $1,000 denomination Bell South bond with a 7 percent coupon rate maturing in 20 years for an investor whose required rate of return is:

1. 8 percent

2. 7 percent

3. 5 percent

Reference no: EM1310741

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