Finance homework help please

timer Asked: Dec 2nd, 2015

Question description

B Inc. is planning to issue a $1,000 face-value bond with an annual coupon rate of 4.5% that matures in 10 years. B Inc. is planning to pay semi-annual interest payments. Similar B bonds are quoting at 95% of par. What is the amount of the final cash flow that a bond holder will receive? How do I calculate this?

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