Question
Twenty years ago, your company issued a 30-year semi-annual bond, $1,000 par value, coupon 6.65%. Todays risk-free rate is 2.91%, and your current credit rating
Twenty years ago, your company issued a 30-year semi-annual bond, $1,000 par value, coupon 6.65%. Todays risk-free rate is 2.91%, and your current credit rating is BB+ (310 basis points over the risk-free rate). What is the current value of this bond?
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Who Is Your Competition You Real Estate Wholesaling Questions Answers And Tools To Help Beginners Crush Their Fears And Stop Procrastinating
Authors: Nick Zalonis
1st Edition
1716097193, 978-1716097195
