Terminator Bug Company bonds have a 14% coupon rate. Interest is paid semi-annually. The bonds have a par value $1,000 and will mature 10 years from now. Compute the value of Terminator bonds if investors required rate of return is 12%, rounded to the nearest dollar.
File name: Terminator-Bug-Company.xls File type: application/vnd.ms-excel Price:
$3
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