Question
Based on your risk assessment, you require an 8% rate of return on ZWT Inc. bond. The term-to-maturity is 20 years and the coupon rate
Based on your risk assessment, you require an 8% rate of return on ZWT Inc. bond. The term-to-maturity is 20 years and the coupon rate is 5% paid semiannually. The YTM is 12%. What is the current market price of the bond?
|
| A. | $703.11 |
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| B. | $535.98 |
|
| C. | $473.38 |
|
| D. | $396.24 |
|
| E. | $834.54 |
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The Venture Capital Investment Process
Authors: Darek Klonowski
1st Edition
0230612881, 023011007X, 9780230612884, 9780230110076
