=+2 A 25-year vanilla bond issued 20 years ago at par (100) raising 1m. The bond has
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=+2 A 25-year vanilla bond issued 20 years ago at par (£100) raising £1m. The bond has an annual coupon of 5 per cent and is currently trading at £80. The next coupon is due in one year.
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Corporate Financial Management And How To Write Essays And Assignments
ISBN: 978-1405882897
Coursepack Edition
Authors: Glen Arnold
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