Thursday, December 17, 2009

What Is The Price Of Mechadolls What Is The Price Of This Bond?

What is the price of this bond? - what is the price of mechadolls

A securities analyst for a repeat of 20 years, 10 percent a year bonds at par on 1 April 2000. On 1 April 2008, the market price of the obligation to yield 8.5 percent. What is the price of the bond, on 1 April 2008?

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