Question
AL-Salam issued bond for a 25 years maturity with coupon rate 4.5%, $ 1,000 face value. The interest payment is given by 4%. Required:
AL-Salam issued bond for a 25 years maturity with coupon rate 4.5%, $ 1,000 face value. The interest payment is given by 4%. Required: A- Evaluate the AL-Salam bond. B- Do you be willing to buy this bond? Why?
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Calculating this yields the present value of the bond Now lets move to part B B Would you be willing to buy this bond Why The decision to buy the bond ...Get Instant Access to Expert-Tailored Solutions
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Microeconomics An Intuitive Approach with Calculus
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