Question
1) A company have a bond 15 years to maturity, interest paid semiannually , face value 1,000 AZN, coupon rate 9%, and market interest rate
1) A company have a bond 15 years to maturity, interest paid semiannually, face value 1,000 AZN, coupon rate 9%, and market interest rate 5000%. What is the current market value of this bond?
interest rate 5000
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The Finance Book
Authors: Stuart Warner, Si Hussain
2nd Edition
1292401982, 978-1292401980
