Business, 14.05.2021 05:10 swaggaming941

Wenjing purchases a bond for $2,000 with 12 remaining $40 quarterly coupon payments. The bond broker who sells her the bond reassures her that she will earn a return of 3% per quarter but does not disclose the bond's par value. What par value would result in the return the bond broker promises

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Wenjing purchases a bond for $2,000 with 12 remaining $40 quarterly coupon payments. The bond broker...

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