Question
Macron Ltd. is raising $1 million by issuing 5 years bond with a coupon rate of 4% and a face value of $1000.If yield to
Macron Ltd. is raising $1 million by issuing 5 years bond with a coupon rate of 4% and a face value of $1000.If yield to maturity is 6%. Calculate the price of bond if it is paid annually?
b) If coupons are paid quarterly.
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Valuation Measuring and managing the values of companies
Authors: Mckinsey, Tim Koller, Marc Goedhart, David Wessel
5th edition
978-0470424650, 9780470889930, 470424656, 470889934, 978-047042470
