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Trico bonds have an annual coupon rate of 3% and a par value of 1000$ and will mature in 20 years. a: If you require
Trico bonds have an annual coupon rate of 3% and a par value of 1000$ and will mature in 20 years.
- a: If you require a return of 6%, what price would you be willing to pay for the bond ?
- b: What happens if you pay more for the bond?
- c: What happens if you pay less for the bond?
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Fundamentals Of Multinational Finance
Authors: Michael H. Moffett, Arthur I. Stonehill, David K. Eiteman
3rd Edition
0321541642, 9780321541642
