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DEF Company wishes to issue a 3% 6-year bond with a par value of $1,000 The bond receives BB credit rating. Given the current
DEF Company wishes to issue a 3% 6-year bond with a par value of $1,000 The bond receives BB credit rating. Given the current market yields in table below what will be the likely price of the bond? AAA 4% BB 6% 8%
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Foundations of Financial Management
Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen, Doug Short, Michael Perretta
10th Canadian edition
1259261018, 1259261015, 978-1259024979
