A bond is available for purchase. If current interest rates are 4.00%, is this bond over or
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A bond is available for purchase. If current interest rates are 4.00%, is this bond over or under priced?
Issued | 2014 |
Par Value (Face Value) | 1,000 |
Coupon rate | 4.25% |
Payment | 42.5 |
Term (years) | 30 |
Years to Maturity | 22 |
Asking price | 1,025.00 |
Related Book For
Foundations Of Finance
ISBN: 9780135160619
10th Edition
Authors: Arthur J. Keown, John H. Martin, J. William Petty
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