Question
Bites company issued a 7 years bond with a par value of $ 1,000 and a coupon rate of 9 % find the value of
Bites company issued a 7 years bond with a par value of $ 1,000 and a coupon rate of 9 % find the value of this bond given that the required rate of return is 8 % , and the interest on bond ( coupon ) is paid semi annually
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Public Finance And Public Policy
Authors: Jonathan Gruber
2nd Edition
0716766310, 9780716766315
