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Finance Assignment | Professional Writing

Author:
May 30th, 2020

A coupon bond that pays interest annually has a par value of $1000, matures in 6 years, and has a yield to maturity of 10%.

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Homework For You

If the coupon rate is 13%, the value of the bond today will be __________. Note: Express your answers in strictly numerical terms. For example, if the answer is $500, write enter 500 as an answer.

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