A bond of Ksh.1000 face value, bearing a coupon rate of 12% will mature after 7 years.

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A bond of Ksh.1000 face value, bearing a coupon rate of 12% will mature after 7 years. What is the value of the bond if the discount rates are 12%.

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Fundamentals of Corporate Finance

ISBN: 978-1260153590

12th edition

Authors: Stephen M. Ross, Randolph W Westerfield, Robert R. Dockson, Bradford D Jordan

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Posted Date: Mar 28, 2023 11:33 PM

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A bond of Ksh.1000 face value, bearing a coupon rate of 12% will mature after 7 years.

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Fundamentals of Corporate Finance

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