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The Wilton Company issues 17-year bonds, with an annual coupon rate of 8.6%, but makes coupons payments semi-annually. Calculate the price per $1,000 face value
The Wilton Company issues 17-year bonds, with an annual coupon rate of 8.6%, but makes coupons payments semi-annually. Calculate the price per $1,000 face value using an annual interest rate of 10.9%. Answer to the nearest cent
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Project Financing Financial Instruments And Risk Management
Authors: Frank J Fabozzi, Carmel De Nahlik
1st Edition
9811231494, 9789811231490
