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Two years ago, Greek Cruise Inc. issued a 2 0 - year maturity bond at its $ 1 , 0 0 0 face value when
Two years ago, Greek Cruise Inc. issued a year maturity bond at its $ face value when the YTM was The coupon payment is made semiannually. The current discount rate for bonds with similar risk level is a What is the coupon payment will bondholder recieve in every six months? b What is the market price of the bond today? c You purchase the bond today at the price you got in part b After one year, you decide to sell the bond, and you observe that the market rate change to What price will you sell the bond? What is your rate of return on the bond?
Two years ago, Greek Cruise Inc. issued a year maturity bond at its $ face value when the YTM was The coupon payment is made semiannually. The current discount rate for bonds with similar risk level is
a What is the coupon payment will bondholder recieve in every six months?
b What is the market price of the bond today?
c You purchase the bond today at the price you got in part b After one year, you decide to sell the bond, and you observe that the market rate change to What price will you sell the bond? What is your rate of return on the bond?
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