A coupon bond is purchased for $900 with the maturity period of 6 years. The coupon payment of $50 is to be paid at the end of each half year. If the desired rate of return (yield rate) is J2=12% p.a., then the face value of the bond is:
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2020-06-23T11:45:18-0400
Dear arieta, your question requires a lot of work, which neither of our experts is ready to perform for free. We advise you to convert it to a fully qualified order and we will try to help you. Please click the link below to proceed: Submit order
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