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Solve the questions: Fast and Loose Company has outstanding an 8 percent, four-year, $1,000-par-value bond on which interest is paid annually. If the market required
Solve the questions:
- "Fast and Loose Company has outstanding an 8 percent, four-year, $1,000-par-value bond on which interest is paid annually. If the market required rate of return is 15 percent, what is the market value of the bond?"
- "If the price of the bond is $1700 , its yield to maturity is 10 percent , it matures in 6 years and has face value $1000. Compute the coupon payment."
- If the annual coupon rate is 20 percent on a $1000 face value bond with market price equal to $ 1050. Find current yield.
- Find the price of bond if the face value is 1000 , coupon rate is 8% , bond is semi annually , YTM is 6% and bond is issued for 8 years time"
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