Question
I just need part 2. 10 years ago, a company issued bonds at face value with a YTM of 8.25%. Now, with 8 years to
I just need part 2.
10 years ago, a company issued bonds at face value with a YTM of 8.25%. Now, with 8 years to maturity left, the YTm is 7.75%. What is the bonds price today?
$550.38
For the bond in the problem above, suppose investors only expect the company to only be able to pay 75% of the par value when the bond matures. what ytm do investors expect to have?
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Financial Management Of Health Care Organizations
Authors: William N. Zelman, Michael J. McCue, Noah D. Glick, Marci S. Thomas
5th Edition
1119553849, 9781119553847
