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1 pts Moerdyk Corporation's bonds have a 15-year maturity, a 7.25% coupon rate (paid semiannually), and a par value of $1,000. The going interest
1 pts Moerdyk Corporation's bonds have a 15-year maturity, a 7.25% coupon rate (paid semiannually), and a par value of $1,000. The going interest rate (rd) is 7.50%. What should be the bond's fair value? $977.71 $860,39 $899.50 O $1,202.59 $821.28
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Accounting For Managers Interpreting Accounting Information for Decision Making
Authors: Paul M. Collier
4th edition
978-111997967, 1119979676, 978-1119979678
