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Exxon issues a perpetual bond that promises to pay 7% interest per year. What is the price of a 1000 face value bond if the
Exxon issues a perpetual bond that promises to pay 7% interest per year. What is the price of a 1000 face value bond if the yield to maturity is 12%?
| $500.00 | ||
| $583.33 | ||
| $545.50 | ||
| $600 | ||
| $700 |
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Healthcare Finance An Introduction To Accounting And Financial Management
Authors: Louis C. Gapenski
4th Edition
1567932800, 978-1567932805
