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I'm needing some help on how to get this answer.. A company issues a $1,001] perpetual bond. The current rate is 6%. Next period, the
I'm needing some help on how to get this answer.. A company issues a $1,001] perpetual bond. The current rate is 6%. Next period, the rate will change to either 4% or 113%, with equal probability. The...
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Principles of Managerial Finance
Authors: Lawrence J. Gitman, Chad J. Zutter
14th edition
133507696, 978-0133507690
