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QUESTION
I need to calculate the present value of 100 bonds with a face value of $1,000 per bond, coupon 3.25% that is 5 years from a 10 year maturity.
I need to calculate the present value of 100 bonds with a face value of $1,000 per bond, coupon 3.25% that is 5 years from a 10 year maturity. Present value is the price of the bonds today if I decided to sell, correct?
