Bond price: BA Corp is issuing a 10-year bond with a coupon rate of 8 percent. The
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Bond price: BA Corp is issuing a 10-year bond with a coupon rate of 8 percent. The interest rate for similar bonds is currently 6 percent.
Assuming annual payments, what is the value of the bond?
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Related Book For 
Fundamentals Of Corporate Finance
ISBN: 9781119795438
5th Edition
Authors: Robert Parrino, David S. Kidwell, Thomas W. Bates
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