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in a simple way please its urgent Question 11 20 Beve BKR Corporation recently issued 10-year bonds at a price of $1,000. These bonds pay
in a simple way please its urgent
Question 11 20 Beve BKR Corporation recently issued 10-year bonds at a price of $1,000. These bonds pay $60 in interest each six months. Their price has remained stalle since they were twed. ic. they still sell fee 51.00 Due to additional financing needs, the firm wishes to issue new bonds that would have a maturity of 10 years, a par value of $1,000, und pay $40 in interest every six months. I both bonds have the same yield, how many new bonds must JR issue to raise $3,000,000 cash? PIN LAM FORMULA SHEET Valuation -TIME Curreau Expected from D D (1 + r) + (1+r) D. +*+ (1 + r.)" Harpmedel Step by Step Solution
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