Need business and finance help with an investment of $10,000 in bonds with a Coupon rate of 8%

timer Asked: Nov 30th, 2015
account_balance_wallet $5

Question Description

If you invest $10,000 in 10year bonds, with a coupon rate of 8%, which is paid semi-annually, how much will the bonds be worth in 10 years?

Tutor Answer

School: Duke University

Thank you for the opportunity to help you with your question!

In ten years,the coupons will have accumulated to $16000,hence the bonds will be worth $26000

Please let me know if you need any clarification. I'm always happy to answer your questions.

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Thanks, good work

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