Multiple Choice
What is the value to you of a 10 percent coupon bond with semi-annual coupon payments and a par value of $10,000 that matures in 20 years if you require an 8 percent return?
A) $9,652.89
B) $10,356.65
C) $11,359.03
D) $11,979.28
E) $12,385.62
Correct Answer:
Verified
Correct Answer:
Verified
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