Dr Nick

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About Dr Nick

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    Kaplan University
    Apr-2009 - Mar-2014

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    University of Santo Tomas
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Category > Business & Finance Posted 01 Jul 2017 My Price 13.00

The bonds have a par value of $1,000 and will mature 16 years from now.

Green Valley Company bonds have a 10.66 percent coupon rate. Interest is paid semiannually. The bonds have a par value of $1,000 and will mature 16 years from now. Compute the value of Green Valley Company bonds if investors' required rate of return is 8.50 percent. 

Round the answer to two decimal places. 

PLEASE SHOW WORK!!!!!!

 

Answers

Dr Nick
(4)
Status NEW Posted 01 Jul 2017 04:07 PM My Price 13.00

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