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The company has a public traded debt with a face value of R17 000 000. The coupon rate of the debenture is 11% and the

The company has a public traded debt with a face value of R17 000 000. The coupon rate of the debenture is 11% and the yield to maturity of 16%. The debenture has 5 years to maturity

calculate Market value of debentures.

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