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semi-annual compounding? A. Sufficient information not provided. B. $1000 C. $990 D. $1085 Your firm has issued 15-year $1000 par value bonds with 8.5% annual
Your firm has issued 15-year $1000 par value bonds with 8.5% annual coupon rate. If annual coupon rates on similar bonds are now 8.5%, what could you sell your bond for today assuming semi-annual compounding? o B. o D. Sufficient information not provided. $1000 $990 $1085
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Financial Management
Authors: Geoffrey Knott
4th Edition
1403903824, 9781403903822
