Bowan's Cows Inc. issues a bond with a face value of $1000, a coupon rate of 7%, and that will mature in 10 years. The current market yield is 10%. If the bond s pay interest semiannually, what is the value of the bonds?© BrainMass Inc. brainmass.com June 22, 2018, 5:11 pm ad1c9bdddf
*** Remember, this service is not intended to be used as "homework completion, I am giving you the ...
This explain the computation of value of Bond with the help of an example