Question
1.European bonds pay coupons annually, while U.S. bonds pay coupons semiannually. If the coupon rate on a European bond is 12% (annual coupons), what is
1.European bonds pay coupons annually, while U.S. bonds pay coupons semiannually. If the coupon rate on a European bond is 12% (annual coupons), what is the comparable coupon rate for a U.S. bond (semiannual coupons) assuming all other factors are equal?
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Mergers, Acquisitions and Other Restructuring Activities
Authors: Donald DePamphilis
8th edition
9780128024539, 128013907, 978-0128013908
