Other things remaining the same, higher is the requiredreturn a. lower is the value of a bond
Fantastic news! We've Found the answer you've been seeking!
Question:
Other things remaining the same, higher is the requiredreturn
a. lower is the value of a bond
b. higher is the value of a stock
c. lower is the value of a stock
d. both a and c
M=1000, n=20, coupon rate = .08, discount rate = .06. The valueof the bond is approximately
a. 1229.4
b. 917.6
c. 1129.4
d. none of the above
Expert Answer:
Posted Date:
