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Oriole Corp is issuing a 10-year bond with a coupon rate of 12 percent. The interest rate for similar bonds is currently 4 percent. Assuming
Oriole Corp is issuing a 10-year bond with a coupon rate of 12 percent. The interest rate for similar bonds is currently 4 percent. Assuming annual payments, what is the value of the bond?
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The Economics Of Money Banking And Finance
Authors: Keith Bain, Peter Howells
1st Edition
0582278007, 9780582278004
