Question
.WISTA Berhad issued bonds which have a coupon rate of 8%, par value of RM1,000 and will mature in 3 years. Assume that the required
.WISTA Berhad issued bonds which have a coupon rate of 8%, par value of RM1,000 and will mature in 3 years. Assume that the required rate of return is 7% and the interest is paid annually. What is the price that you would be willing to pay for the bond?
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Principles Of Managerial Finance Brief
Authors: Chad J. Zutter, Scott B. Smart
8th Global Edition
1292267143, 978-1292267142
