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question 14 please! Question 13 1 pts Suppose that JAN Corp. will issue a new 10 year AA rated corporate bond with a coupon rate
question 14 please!
Question 13 1 pts Suppose that JAN Corp. will issue a new 10 year AA rated corporate bond with a coupon rate of 7.00%. The bond pays interest semi-annually and has a face value of $1,000. If existing AA corporate bonds with 10 years to maturity have a yield to maturity of 5.00%, what will be the discount or premium of JAN Corp's bond relative to its face value. Enter you answer as a positve number. Round your final answer to two decimals. 155.89 D Question 14 1 pts Using the information from the prior question what will be the total proceeds to JAN Corp. If they Issue 1,000,000 bonds? Enter your answer in $ millions without the '$": round your final answer to two decimals Step by Step Solution
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