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Caltex (M) Sdn Bhd issued a 20 years bond that pay 8% interest annually on a RM1,000 par value. If bonds sell at RM960, what
Caltex (M) Sdn Bhd issued a 20 years bond that pay 8% interest annually on a RM1,000 par value. If bonds sell at RM960, what is the bonds expected rate of return (yield to maturity)? If the interest rate (coupon) is compounded semiannually, what is the value of the bond (assume discount rate is 10%)
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Structured Finance Leveraged Buyouts Project Finance Asset Finance And Securitization
Authors: Charles-Henri Larreur
1st Edition
1119371104, 978-1119371106
