You are interested in purchasing a bond, your required rate of return is 9.5%, you...
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Finance
You are interested in purchasing a bond, your required rate of return is 9.5%, you find a bond that has a coupon rate of 8.5%, matures in 10 years, how much is the bond worth to you?
If the bond is currently selling for $935.00 would you be willing to purchase it? Why or why not?
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