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Business, 27.07.2021 18:30 loveagirl111puppy

Within Year, Inc. has bonds outstanding with a $1,000 par value and a maturity of 19 years. The bonds have an annual coupon rate of 15.0% with semi-annual coupon payments. You would expect a quoted annual return of 16.0% if you purchased these bonds. What are the bonds worth to you? a. $1,011.83.
b. $940.86.
c. $1,062.40.
d. $951.98.
e. $1,828.02.

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Within Year, Inc. has bonds outstanding with a $1,000 par value and a maturity of 19 years. The bond...

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