Orlando Builders Inc. issued a bond with a par value of $1,000, a coupon rate of 8.25% (semiannual coupon), and a yield to maturity of 6.60%? The bond has 15 years to maturity. What is the value of...


Orlando Builders Inc. issued a bond with a par value of $1,000, a coupon rate of 8.25% (semiannual coupon), and a<br>yield to maturity of 6.60%? The bond has 15 years to maturity. What is the value of the bond?<br>$1,155<br>$1,232<br>$1,083<br>$1,185<br>$1,210<br>

Extracted text: Orlando Builders Inc. issued a bond with a par value of $1,000, a coupon rate of 8.25% (semiannual coupon), and a yield to maturity of 6.60%? The bond has 15 years to maturity. What is the value of the bond? $1,155 $1,232 $1,083 $1,185 $1,210

Jun 08, 2022
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