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1 ) Considering Rihanna Work Work Inc. ' s financing decision for her studio through bond issuance, where she aims to borrow $ 2 ,
Considering Rihanna Work Work Inc.s financing decision for her studio through bond issuance, where she aims to borrow $ with a coupon rate and semiannual interest payments over a year bond maturity period, while the current market interest rate in the music industry stands at the following questions arise:
Based on the coupon rate and market interest rate, is the bond being issued at a discount, par, or premium?
What is the semiannual interest payment?
What is the present value PV of the interest payments?
What is the present value PV of the principal payment?
What is the price or value of the bond?"
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