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MBA Limited wants to issue bonds with the following specifications - Face Value / par value Rs1,000 Coupon rate 9% p.a. payable annually Maturity 3
MBA Limited wants to issue bonds with the following specifications -
- Face Value / par value Rs1,000
- Coupon rate 9% p.a. payable annually
- Maturity 3 years
Investors would like to earn a return of 12% p.a. given the weak credit quality of ABC
Limited. At what price will MBA Limited need to issue the bond to attract the Investors?
MBA Limited wants to issue bonds with the following specifications -
- Face Value / par value Rs1,000
- Coupon rate 9% p.a. payable annually
- Maturity 3 years
Investors would like to earn a return of 12% p.a. given the weak credit quality of ABC
Limited. At what price will MBA Limited need to issue the bond to attract the Investors?
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