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Bond B, Principal: $1,000 Coupon:7.6% Maturity: 10years

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Bond B, Principal: $1,000 Coupon:7.6% Maturity: 10years;Bond B requires the investor to forgo $4 a year (i.e., $40 if the bond is in existence for ten years). If interest rates are 8 percent, what is the present value of this forgone interest?;Additional Requirements;Min Pages: 1;Level of Detail: Show all work

 

Paper#33100 | Written in 18-Jul-2015

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