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A bond will pay 6.75 per 100 face value per annum in perpetuity, the first payment being in three years time. If the cost of
A bond will pay 6.75 per 100 face value per annum in perpetuity, the first payment being in three years time. If the cost of debt is 7%, what is the current market value of the bond
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CFP Board Financial Planning Competency Handbook
Authors: CFP Board
2nd Edition
1119094968, 978-1119094968
