Siam Cement Group (SCG) bonds have an annual coupon rate of 7 percent and a par value

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Siam Cement Group (SCG) bonds have an annual coupon rate of 7 percent and a par value of $1,000 and will mature in 15 years. If you require a return of 8 percent, what price would you be willing to pay for the bond? What happens if you pay more for the bond? What happens if you pay less for the bond?

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Foundations Of Finance

ISBN: 9781292318738

10th Global Edition

Authors: Arthur Keown, John Martin, J. Petty

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