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A $10,000 - 5 year bond has a coupon rate of 6.5% semi annually. Yesterday it was rated triple B with a market rate of
- A $10,000 - 5 year bond has a coupon rate of 6.5% semi annually. Yesterday it was rated triple B with a market rate of 7.15%. Today it was upgraded to single A with a market rate of 6.4%.
- What was yesterdays bond price?
- What is todays bond price?
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Restaurant Financial Management
Authors: Hyung-il Jung
1st Edition
1774631431, 978-1774631430
