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Problem 7.13 Kintel, Inc., management wants to raise $1 million by issuing she-year coupon bonds with a face value of $1,000. The company's investment banker
Problem 7.13 Kintel, Inc., management wants to raise $1 million by issuing she-year coupon bonds with a face value of $1,000. The company's investment banker states that investors would use as 10.32 percent count rateta was such bonds At what price would these bonds sell in the marketplace? (round intermediate calculations to decimal places... 1.2514 and Bond nice to 2 decimal places, s. 15.25) Market rate How many bonds would the form have to issue to raise $1 millon? (houve intermediate calculations to decimal aces, ca. 1.2314 and number of beds to decimal on s. 17.) Number of bonds Click if you would like to show Work for this question De Show work LINK TO TEXT LINK TO TEXT LINK TO TEXT Question Allempts of wed
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