The Mexican government issued treasury bonds with a 10-years maturity. The par value of those...

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Accounting

The Mexican government issued treasury bonds with a 10-years maturity. The par value of those bonds is $1000 and the yield to maturity is equal to 8% compounded quarterly. The coupon payements are expected to be payed at the end of each quarter with a 12% rate. Calculate the value of the bond today.

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