Question
GameStop Corp. has issued a bond with a par value of $2,000 and a yearly coupon rate of 8%. The bonds mature in 6 years
GameStop Corp. has issued a bond with a par value of $2,000 and a yearly coupon rate of 8%. The bonds mature in 6 years and pay interest semi-annually. What is the current value of the bond if the market interest rate is 4.0% per annum?
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Stock Market Investing For Beginners
Authors: Andrew P.C.
1st Edition
1549522132, 978-1549522130
