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can anyone solve it in Excel, correctly, please? That's what the question is...no maturity period is mentioned. points! If a bond is quoted at 90.80%
can anyone solve it in Excel, correctly, please?
That's what the question is...no maturity period is mentioned.
points! If a bond is quoted at 90.80% of face value and has a face value of $1,000, what is the coupon dollar value and coupon rate of this bond, considering that investors require a rate of return of 5.55%, and this bond pays coupons twice a yearStep by Step Solution
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International Financial Management
Authors: Cheol Eun, Bruce Resnick
7th Edition
0077861604, 9780077861605
