A corporation sells 100,000 worth of callable bonds in 500 denomination, which are to be redeemed in
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A corporation sells ₱100,000 worth of callable bonds in ₱500 denomination, which are to be redeemed in 6 years, as nearly as equal as possible. The bond rate is 7.5% compounded annually. Prepare the amortization schedule.
Related Book For
Fundamentals of corporate finance
ISBN: 978-0470876442
2nd Edition
Authors: Robert Parrino, David S. Kidwell, Thomas W. Bates
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