Question
. b) A Paella Projects debenture has a 9% coupon rate and $100 face value. Interest is paid semi-annually, and the debenture has 10 years
. b) A Paella Projects debenture has a 9% coupon rate and $100 face value. Interest is paid semi-annually, and the debenture has 10 years to maturity. If investors require a 5.68% yield, what is the value of the debenture?
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Foundations Of Real Estate Financial Modelling
Authors: Roger Staiger
2nd Edition
1138046183, 978-1138046184
