On May 1, 2021, you are considering to buy a newly-issued ABC Company bond, which is quoted

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On May 1, 2021, you are considering to buy a newly-issued ABC Company bond, which is quoted as "ABC 5.6s34" in the WSJ and has a par value of $1,000. The company pays coupon interests every 6 months. If you require a 6.9% return on this bond.

How much would you pay for this bond?

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Principles of Finance

ISBN: 978-1285429649

6th edition

Authors: Scott Besley, Eugene F. Brigham

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Posted Date: Jul 18, 2023 02:53 AM

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On May 1, 2021, you are considering to buy a newly-issued ABC Company bond, which is quoted

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Principles of Finance

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