What is the value of a 15-year corporate bond with a coupon rate of 9%, if the interest rate in the market is 8%, how much would the value change if interest rate increases to 10%? Under what conditions will this bond trade at par (face value)?
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the value of a 15-year corporate bond with a coupon rate of 9%, if the interest rate in the market is 8%, how much would the value change if interest rate increases to 10%? Under what conditions will this bond trade at par (face value)?
the interest rate is 24580
the interest rate is 24580
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