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Computation of value of the bond
The current yield on a bond worth $900 with a par value of $1000 and a coupon rate of 10% is:
a) 10%
b) 11.11%
c) 12.05%
d) none of the above
Compute the present value of a two-period annuity of $1 per period if the discount rate is 10 percent. A two-period annuity of $1 per period has a present value of $1.808. Find the discount rate from the present value table.
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After graduating from graduate school you create it big-all because of your success in financial management.
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