Question
1.A $1,000-par value bond issued by Verizon gas a coupon rate of 9.5%. the bond has 20 years left to maturity and the market's required
1.A $1,000-par value bond issued by Verizon gas a coupon rate of 9.5%. the bond has 20 years left to maturity and the market's required yield to maturity for similarly rated debt was 6.5%. what is the value of the bond?
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New Venture Creation A Framework For Entrepreneurial Start-ups
Authors: Paul Burns
2nd Edition
1352000504, 978-1352000504
