Assume a $1000 bond issue at the rate of 10% for 15 years. a)What is the interest payment for this bond annually b)What is the interest payment on semi-annually c)How much should the investors pay for this bond i.e. the value

Essentials Of Investments
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Chapter1: Investments: Background And Issues
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Assume a $1000 bond issue at the rate of 10% for 15 years.

a)What is the interest payment for this bond annually

b)What is the interest payment on semi-annually

c)How much should the investors pay for this bond i.e. the value

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