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Please show excel formulas so I can do it on my own. Thanks Emaar 25-year bonds pay 6 percent interest Sims-annually on an AED 1,000
Please show excel formulas so I can do it on my own. Thanks
Emaar 25-year bonds pay 6 percent interest Sims-annually on an AED 1,000 par value. A. If Emaar current market price is AED 900, what is the bond expected rate of return? B. If your required rate of return is 9 percent, what is the value of the bond for you? C. Should you buy the bond and why? (Give 2 different reasons)Step by Step Solution
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