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You have a one-year, $100,000 bond carries a coupon rate of 10%. The bond will make the payment of accrued interest and one-half of the
You have a one-year, $100,000 bond carries a coupon rate of 10%. The bond will make the payment of accrued interest and one-half of the principal at the end of six months. The remaining principal and accrued interest are due at the end of the year. If the required yield is 20% annually.
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Financial Accounting and Reporting a Global Perspective
Authors: Michel Lebas, Herve Stolowy, Yuan Ding
4th edition
978-1408066621, 1408066629, 1408076861, 978-1408076866
