Answers to Text Discussion Questions

SOLUTIONS MANUAL. CHAPTER 12. PRINCIPLES OF BOND VALUATION AND INVESTMENT. PROBLEMS. Bond price. 1. Given a 10-year bond that sold for $1,000 with a 13 percent coupon rate, what would be the price of the bond if interest rates in the marketplace on similar bonds are now 10 percent? Interest is paid semiannually. ................
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