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Junk Corp. ' s high - yield bond has the following features: Principal $ 1 , 0 0 0 Coupon 1 0 % Maturity 1
Junk Corp.s highyield bond has the following features: Principal $ Coupon Maturity years Special features: Callable at the end of years If interest rates are currently percent on comparable highyield securities and are not expected to change. What is the price of the bond? Hint you have to consider & determine based on interest rates what Junk Corp as the Issuer will do with this bond
Junk Corp.s highyield bond has the following features:
Principal $
Coupon
Maturity years
Special features: Callable at the end of years
If interest rates are currently percent on comparable highyield securities and are not expected to change. What is the price of the bond? Hint you have to consider & determine based on interest rates what Junk Corp as the Issuer will do with this bond
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