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An XYZ April 2058 bond with a 8.96 percent coupon interest rate and a par value of $1,000.00 recently had a price of 91.475.
An XYZ April 2058 bond with a 8.96 percent coupon interest rate and a par value of $1,000.00 recently had a price of 91.475. Calculate the following: a. When will the bond mature? b. How much will you have to pay to purchase this bond? c. What is the current yield based on the price that you calculate in part b?
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XYZ April 2058 Bond Analysis a Maturity Date The information provided XYZ April 2058 indicate...
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Introduction to Corporate Finance
Authors: Scott B. Smart, William L Megginson
2nd edition
9780324658958, 0324658958, 978-0324657937
