Question
A $20,000 par value bond from 3M Co. with a coupon of 3.00 %. The bond is a senior secured bond that matures in 2025
A $20,000 par value bond from 3M Co. with a coupon of 3.00 %. The bond is a senior secured bond
that matures in 2025 and has a Standard and Poors rating of AA-. The bond is currently selling for
$20,232. Mr. Fong purchased the bond when it was issued in 2005 for 95.0% of par.
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Forecasting Methods And Applications
Authors: Spyros G. Makridakis, Steven C. Wheelwright, Rob J Hyndman
3rd Edition
0471532339, 9780471532330
