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RIO Tinto Limited has a corporate bond outstanding with a 7 % coupon, semi - annual interest, 1 5 years to maturity and a face
RIO Tinto Limited has a corporate bond outstanding with a coupon, semiannual interest, years to maturity and a face value of $ Similar bonds currently yield
By prior agreement, the company will skip the coupon payments in years and payments in total; the payments at time through to
These payments will be repaid, without interest, at maturity.
What is the corporate bonds value?
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