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    Calculate value of a Coupon Bond

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    What is the value of a 20-year, 8% quarterly coupon bond, if Kd = 10%? Also, show the formula and entries in financial calculator.

    © BrainMass Inc. brainmass.com June 3, 2020, 6:20 pm ad1c9bdddf
    https://brainmass.com/business/bond-valuation/calculate-value-of-a-coupon-bond-56243

    Solution Summary

    The solution shows the formula and calculations to arrive at the answer.

    $2.19

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