eddieee3746 eddieee3746
  • 21-11-2022
  • Business
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a corporate bond with a $1,000 par value has a 5.5% coupon rate and has semiannual interest payments. the bond has 16 years remaining until maturity. you have determined that you need an annual interest rate of 6% (compounded semiannually) to make your investment in this bond worthwhile. what is the most you would be willing to pay for this bond today?

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