Question
Consider a 20-year, 8% coupon (paid annually) corporate bond with a Par value of $1,000), with an expected to earn a yield to maturity of
Consider a 20-year, 8% coupon (paid annually) corporate bond with a Par value of $1,000), with an expected to earn a yield to maturity of 10%. What is the value of the annual cupon?
Select one:
a. $ 80
b. $ 1100
c. $ 1080
d. $ 100
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Principles Of Project Finance
Authors: E. R. Yescombe
2nd Edition
0123910587, 9780123910585
