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Author Question: Calculate the value of a 1,000 bond which has 10 years until maturity and pays quarterly interest at ... (Read 44 times)

dollx

  • Hero Member
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  • Posts: 558
on: Jul 11, 2018
Calculate the value of a 1,000 bond which has 10 years until maturity and pays quarterly interest at an annual coupon rate of 12 percent. The required return on similar-risk bonds is 20 percent.
 
  A) 656.82
  B) 835.45
  C) 845.66
  D) 2,201.08

Question 2

In the OTC market, the ask price is the highest price offered by a dealer to purchase a given security.
 
  Indicate whether the statement is true or false


nathang24

  • Sr. Member
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  • Posts: 314
Reply #1 on: Jul 11, 2018
Answer to Question 1

A

Answer to Question 2

FALSE


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