Asked by pookie

a 15 year bond pays 11% on a face value of $1000. If similar bonds are currently yeilding 8%, what is the market value of the bond? use annual analysis
Answered by Writeacher
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Answered by Marvin
a 10-year bond pays 5% on a face value of $1,000. if similar bonds are currently yielding 10%, what is the market value of the bond? use annual analysis.
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