Microsoft has issued a 15 year bond, $1000 face value, paying semiannual coupons with a coupon rate of 9 5 The yield to maturity on the bonds is 6 5 If interest rates suddenly FALL by 2 , what is the percentage price change of these bonds NOTE do not round intermediate calculations, and round your...

Original yield to maturity 65 Coupon rate 95 Face value 1000 Cou ...

Microsoft has issued a 15-year bond, $1000 face value, paying semiannual coupons with a coupon rate...

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Corporate Finance

ISBN: 978-0077861759

10th edition

Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe

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Microsoft has issued a 15-year bond, $1000 face value, paying semiannual coupons with a coupon rate...

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