Question
A 8-year bond with a face value of $1000 pays semi-annual coupons at j 2 = 10.2%. If the bond sells for $1272.59 to yield
A 8-year bond with a face value of $1000 pays semi-annual coupons at j2= 10.2%. If the bond sells for $1272.59 to yield an investor j2= 7.1%, what is the redemption value? Please show all steps and do not round answers.
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Entrepreneurial Finance Venture Capital Deal Structure And Valuation
Authors: Janet Kiholm Smith, Richard L. Smith
2nd Edition
1503603210, 978-1503603219
