=+c. If the required return were at 10% instead of 4%, what would the current value of
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=+c. If the required return were at 10% instead of 4%, what would the current value of Motorway Development Corporation’s bonds be? Contrast this finding with your findings in part a and discuss.
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Principles Of Managerial Finance
ISBN: 9781292261515
15th Global Edition
Authors: Chad J. Zutter, Scott Smart
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