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--------------- I do not want a detailed answer. I just want the final answer as soon as possible. Solve quickly I get you thumbs up
--------------- I do not want a detailed answer. I just want the final answer as soon as possible. Solve quickly I get you thumbs up directly Thank's Abdul-Rahim Taysir
Answer the following questions Al Safa Inc. plans to issue new bonds to finance its new project. Al-Safa has identified a company of similar risk with an outstanding bond issue that has an 8 percent coupon rate paid semiannually having a maturity of ten years. This firm's bonds are currently selling for $1,091.96. If interest is paid annually for both bonds, what must the coupon rate of the new bonds be in order for the issue to sell at par? Choose... - 1 years ago Sbitany has an issue of $1,000 par value bonds with a 14 percent annual coupon interest rate. The issue has ten years of maturity. Bonds of similar risk are currently selling to yield a 12 percent rate of return. The current value of each Sbitany's bond is ChooseStep by Step Solution
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