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The company wishes to fund the acquisition using a bond issue. Assuming the bonds will be issued for 5 years with a coupon rate of
The company wishes to fund the acquisition using a bond issue. Assuming the bonds will be issued for 5 years with a coupon rate of 6.5%, and GTG New Zealand wishes to raise $1,000,000. Determine the price and number of bonds to be issued given that the market rate for similar bonds is 8%
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Bookkeeping All In One For Dummies
Authors: Consumer Dummies
1st Edition
1119094216, 978-1119094210
