Someone has a ten-year bond with a face value of $1,000 that pays 10% for six months and....

匿名用户 最后更新于 2021-07-05 19:21 商科Business

 Someone has a ten-year bond with a face value of $1,000 that pays 10% for six months and 7% for six months. Cash at face value. Consider buying an eight-year bond at 6 percent a year at face value at the same yield. Calculate the face value of an eight-year bond?

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