Question
What is the value of my bond that has a coupon rate of 11% (paid semi-annually) a maturity of 3 years and a required return
What is the value of my bond that has a coupon rate of 11% (paid semi-annually) a maturity of 3 years and a required return of 10% annually (APR, compounded semi-annually)?
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Foundations Of Financial Management
Authors: Stanley B. Block, Geoffrey A. Hirt, Bartley R. Danielsen
13th Edition
0073382388, 978-0073382388
