a firm ABC issues a bond with a par value of $1,000. The bond matures in 8

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a firm ABC issues a bond with a par value of $1,000. The bond matures in 8 years and pays semiannual coupons. the coupon rate is 8.36% and the YTM of the bond is 9.25%. what is the price of the bond?

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Corporate Finance Core Principles And Applications

ISBN: 9781260571127

6th Edition

Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe, Bradford Jordan

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Posted Date: Apr 03, 2024 06:33 AM

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a firm ABC issues a bond with a par value of $1,000. The bond matures in 8

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To calculate the price of the bond issued by firm ABC we need to use the present value formula for b... View the full answer

Corporate Finance Core Principles And Applications

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