Question
A bond with 15 years to maturity and a coupon rate of 8?% has a? par, or? face, value of $19,000. Interest is paid annually.
A bond with 15 years to maturity and a coupon rate of 8?% has a? par, or? face, value of $19,000. Interest is paid annually. If you require a return of 14?% on this? bond, what is the value of this bond to? you?
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Renewable Energy Finance Theory And Practice
Authors: Santosh Raikar, Seabron Adamson
1st Edition
0128164417, 9780128164419
