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Wilson Oil company issued bonds few years ago. You are asked to evaluate the bonds of this company. The par value of the band is
Wilson Oil company issued bonds few years ago. You are asked to evaluate the bonds of this company. The par value of the band is AED 1,000 and the interest rate is 12%. The veld to maturity on the bands is 10%. There are 25 years to maturity. Wilson pays interest twice a year. (5 Marks) Calculate the price of the bonds. (0) With 20 years to maturity, if yield to maturity goes down substantially to 8%, what will be the new price of the bonds
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