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pls indicate the formula the answer below is incorrect Problem Solving. Type the answer in the space provided. The following data are available for debt
pls indicate the formula the answer below is incorrect
Problem Solving. Type the answer in the space provided. The following data are available for debt financing of ABC Corporation: Bond annual interest payment - P 90; bond market price P820; Bond's Par value P1,000; Maturity date - 5 years. Compute for the coupon rate. 9 % Compute for the current rate. 11.11 X % Compute for the approximate yield to maturity. 13.85 X %
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Financial Statement Analysis And Earnings Forecasting In Accounting
Authors: Steven J Monahan
1st Edition
1680834509, 978-1680834505
