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Star Corp. has a bond that makes quarterly coupon payments. The stated annual coupon rate on the bond is 10%, the par value is $1,000,
Star Corp. has a bond that makes quarterly coupon payments. The stated annual coupon rate on the bond is 10%, the par value is $1,000, the yield to maturity on this 5-year bond is 12%. What is the price of the bond today?
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Valuation Measuring And Managing The Value Of Companies
Authors: McKinsey & Company Inc., Tom Copeland, Tim Koller, Jack Murrin
3rd Edition
