Question: answer question 7 & show formulas used Q7. The Lo Sun Corporation offers a bond with a current market price of $1,029.75, a coupon rate

answer question 7 & show formulas used

Q7. The Lo Sun Corporation offers a bond with a current market price of $1,029.75, a coupon rate of 8 percent, and a yield to maturity of 7.52 percent. The face value is $1,000. Interest is paid semiannually. How many years is it until this bond matures? (4 marks) 08. The Mill Wheel is considering a project with a life of 3 years that will require $289,400 for fixed assets, S36,700 for inventory, and $27,800 for accounts receivable. The short-term

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