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Here is information about one of Party City's bonds: Coupon Rate Maturity Date 6.60% 8/1/2026 Assume semi-annual coupons. Price Quote 40.25 Yield 28.04 The 10
Here is information about one of Party City's bonds: Coupon Rate Maturity Date 6.60% 8/1/2026 Assume semi-annual coupons. Price Quote 40.25 Yield 28.04 The 10 yield is 2.49% and the credit risk premium is 8.77%. If the market believes the company will pay 60% of par value at maturity, what are they expected for the semi-annual coupon payment? (Note: you must first find "N" using the information in the table.) Here is information about one of Party City's bonds: Coupon Rate Maturity Date 6.60% 8/1/2026 Assume semi-annual coupons. Price Quote 40.25 Yield 28.04 The 10 yield is 2.49% and the credit risk premium is 8.77%. If the market believes the company will pay 60% of par value at maturity, what are they expected for the semi-annual coupon payment? (Note: you must first find "N" using the information in the table.)
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