Project #78481 - INVESTMENTS AND FINANCE

A.We buy a 20 year maturity bond, which we intend to sell in 3 years when required rates are 12%. The market rates now are 14%, and the interest the bond issuer pays per annum is $80. Compute the market price of the bond.

 

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Subject Business
Due By (Pacific Time) 08/07/2015 11:00 pm
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