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Business, 12.03.2020 18:48 rouchedavisin4

A 20-year bond pays 9% on a face value of $1,000. If similar bonds are currently yielding 6%, what is the market value of the bond? Use annual analysis. Use time value of money tables in Appendix B and Appendix D.

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A 20-year bond pays 9% on a face value of $1,000. If similar bonds are currently yielding 6%, what i...

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