Question
You are considering buying bonds in ACBB, Inc. The bonds have a par value of $1,000 and mature in 26 years. The annual coupon rate
You are considering buying bonds in ACBB, Inc. The bonds have a par value of $1,000 and mature in 26 years. The annual coupon rate is 12.0% and the coupon payments are annual. If you believe that the appropriate discount rate for the bonds is 10.0%, what is the value of the bonds to you?
| $936.83 |
| $1293.15 |
| $842.09 |
| $1183.22 |
| $1243.68 |
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Advanced Stocks Analysis A Fundamentalist Approach
Authors: Luciano Storelli ,Storelli And Pepe Stocks Investments
1st Edition
979-8395523006
