Question
We have a $50,000 face value, 8% coupon, 5 year bond with a 12% discount rate. What is the value of this bond if coupon
We have a $50,000 face value, 8% coupon, 5 year bond with a 12% discount rate. What is the value of this bond if coupon payments are (a) quarterly (b) annual and (c) semi-annual?
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Fundamentals Of Corporate Finance
Authors: David W Blackwell, Robert Parrino, David S Kidwell
1st Edition
0471270563, 9780471270560
