Question
PT FLORAN, Tbk bonds provide a coupon to the holder of 17% per year while the bond price is 98% for a nominal value of
PT FLORAN, Tbk bonds provide a coupon to the holder of 17% per year while the bond price is 98% for a nominal value of IDR 1,000,000,000. What is the current yield on the bond!
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Corporate Financial Management
Authors: Douglas R. Emery, John D. Finnerty, John D. Stowe
4th Edition
1935938002, 9781935938002
