Business, 04.07.2020 16:01 donaji1024perez

The coupon rate is 8% annually, with interest being paid semiannually. If you expect to earn a 10% rate of return on this bond, what is the maximum price you should be willing to pay for this IBM bond?

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The coupon rate is 8% annually, with interest being paid semiannually. If you expect to earn a 10% r...