Question: a. A bond that has$1,000par value? (face value) and a contract or coupon interest rate of9percent. A new issue would have a floatation cost of8
a. A bond that has$1,000par value? (face value) and a contract or coupon interest rate of9percent. A new issue would have a floatation cost of8 percent of the $1,150 market value. The bonds mature i...
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