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ABC Corp. wants to issue a fixed coupon bond. The firm has estimated that its cost of debt is 1 3 % . It has

ABC Corp. wants to issue a fixed coupon bond. The firm has estimated that its cost of debt is $13 % .$ It has decided to issue $15$ year FCB $.$ The annual coupon rate is $9.5 %,$ paid semi $-$ annually. What is the price of ABC Corp's bond?

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ABC Corp. wants to issue a fixed coupon bond. The firm has estimated that its cost of debt is 1 3 % . It has

ABC Corp. wants to issue a fixed coupon bond. The firm has estimated that its cost of debt is 13%. It has decided to issue 15 year FCB. The annual coupon rate is 9.5%, paid semi-annually. What is the price of ABC Corp's bond?

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ABC Corp. wants to issue a fixed coupon bond. The firm has estimated that its cost of debt is $13 % .$ It has decided to issue $15$ year FCB $.$ The annual coupon rate is $9.5 %,$ paid semi $-$ annually. What is the price of ABC Corp's bond?