Question
What is expected price of the bond in 4 yrs? Assume the interest rate will remain the same. par = 1000 Yrs to maturity
What is expected price of the bond in 4 yrs? Assume the interest rate will remain the same.
par = 1000
Yrs to maturity = 25
Coupon = 8% paid semi-annually
B= 1.5
Rf = 4%
Market Risk Premium = 8%
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Where P is the price of the bond in 4 years C is the semiannual cou...
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Fundamentals of Corporate Finance
Authors: Stephen M. Ross, Randolph W Westerfield, Robert R. Dockson, Bradford D Jordan
12th edition
007353062X, 73530628, 1260153592, 1260153590, 978-1260153590
