Question
Suppose the us treasury offers to sell bond for 630. No payment will be made until the bond matures 12 years from now, at which
Suppose the us treasury offers to sell bond for 630. No payment will be made until the bond matures 12 years from now, at which time it will be redeemed for 1000. What interest rate would the bond earn if it were purchased at this price?
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Entrepreneurial Finance Venture Capital Deal Structure And Valuation
Authors: Janet Kiholm Smith, Richard L. Smith
2nd Edition
1503603210, 978-1503603219
