ABC limited has issued a 10% coupon interest rate 10 year bond with a sh1500 par value

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ABC limited has issued a 10% coupon interest rate 10 year bond with a sh1500 par value which pays interest annually. The required rate of return of similar bonds is 10%.

Compute the value of the bond

Related Book For answer-question

Corporate Financial Management

ISBN: 978-0273758839

5th edition

Authors: Glen Arnold

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Posted Date: May 06, 2023 12:35 PM

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ABC limited has issued a 10% coupon interest rate 10 year bond with a sh1500 par value

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Expert Answer:

The value of a bond can be calculated using the present value formula PV C r 1 1 1 rn F 1 rn W... View the full answer

Corporate Financial Management

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