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Question 1 (a) A firm has a $250,000 (nominal value) bond issue outstanding that is selling at 92 percent of face value. The coupon rate
Question 1 (a) A firm has a $250,000 (nominal value) bond issue outstanding that is selling at 92 percent of face value. The coupon rate is 8% and the yield-to-maturity is 12%. The firm also has 1,5...
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