ABC corp. issued a $1000 PAR value bond with a coupon of 12%, payable semi-annually. The bond
Fantastic news! We've Found the answer you've been seeking!
Question:
ABC corp. issued a $1000 PAR value bond with a coupon of 12%, payable semi-annually. The bond has 15 years remaining to maturity. If current market interest rates are 10%, what is the present value of the stream of coupon payments.
Posted Date: