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23. Peter Parker Corp plans to issue a $1,000 par value, semi-annual pay bond wisth 20 years o maturity and a coupon rate of 5.50%
23. Peter Parker Corp plans to issue a $1,000 par value, semi-annual pay bond wisth 20 years o maturity and a coupon rate of 5.50% The company expects the hndsto sell for SKW on MC Inc's cost of debt is estimated to be a. 7.00 c. 7.21 d. 7.32 e 743 24. The same firm issues two different bonds. The bonds are identical in every respect except for bond their time to maturity. Bond A matures in 5 years and Bond B matures in 7 years. Which has a higher price? a. Bond A b. Bond B c. Both have the same value d. One must know YTM and coupon rate to answer the question. e. One must know the compounding frequency to answer the
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