Calculate the value of a bond that expected to
mature in 10 years and has a $1000 face
value. The interest is paid and compounded
semiannually. The coupon interest
rate is 8%. The investor's
required rate of return is
10%.
(PVIF10%,10=0.3855; PVIFA10%,10=6.1446; PVIF8%,10=0.4632;
PVIFA8%,10=6.7101; PVIF5%,20=0.3769; PVIFA5%,20=12.4622;
PVIF4%,20=0.4564; PVIFA4%,20=13.5903)
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