BUSN 379 - Calculate the appropriate selling price of a 30-year 5%
Question # 00494746
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Updated on: 03/03/2017 07:15 AM Due on: 03/03/2017
Calculate the appropriate selling price of a 30-year 5% annual coupon paid semiannually, $1,000 corporate bond that was purchased five years ago. Marketplace interest rates are averaging 8%.
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Solution: BUSN 379 - Calculate the appropriate selling price of a 30-year 5%