Maturity if the required rate of return on the bond

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What is the value of a 10 percent annual coupon, $1,000 par value bond with 20 years to maturity if the required rate of return on the bond is 12 percent? a-$1,236.48 b-$925.42 c-$850.61 d-$798.79 e-$737.55

Reference no: EM13745026

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