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BHC Corporation just issued a $1,000 par value bond with a 7 percent yield to maturity, twenty years to maturity, with an 8 percent semi-annual
- BHC Corporation just issued a $1,000 par value bond with a 7 percent yield to maturity, twenty years to maturity, with an 8 percent semi-annual coupon rate. 6 points
- What is the price of the BHC Corporate bond?
- If market interest rates are constant, what will the price of the BHC Corporate bond be in three years?
- If market interest rates rise to 10 percent, what will the price of the BHC Corporate bond be in three years?
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Fundamentals Of Multinational Finance
Authors: Michael H. Moffett, Arthur I. Stonehill, David K. Eiteman
3rd Edition
0321541642, 9780321541642
