10. 10. Valuing bonds [LO 7.2] Yan Yan Limited has a $2 000 face value bond outstanding...

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10. 10.

Valuing bonds [LO 7.2] Yan Yan Limited has a $2 000 face value bond outstanding with a coupon rate of 4.4 per cent paid semiannually and 13 years to maturity. The yield to maturity of the bond is 4.8 per cent. What is the price of the bond?

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Fundamentals Of Corporate Finance

ISBN: 9781743768051

8th Edition

Authors: Stephen A. Ross, Rowan Trayler, Charles Koh, Gerhard Hambusch, Kristoffer Glover, Randolph W. Westerfield, Bradford D. Jordan

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