Question
Calculate the value of a bond that matures in 13 years and has a $1,000 par value. The annual coupon interest rate is 15 percent
Calculate the value of a bond that matures in 13 years and has a $1,000 par value. The annual coupon interest rate is 15 percent and the market's required yield to maturity on a comparable-risk bond is 12 percent.
The value of the bond is
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How To Get Out Of Debt And Into Praise
Authors: James T. Meeks
1st Edition
0802429939,1575678314
