Bluestar Air plans to issue a $1000 par value, 14-year, semi-annual payment bond with an annual coupon
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Bluestar Air plans to issue a $1000 par value, 14-year, semi-annual payment bond with an annual coupon rate of 8.10%. If the bond’s yield to maturity is 7.50%, what will Bluestar Air’s bond sell for?
Related Book For
Foundations of Financial Management
ISBN: 978-1259024979
10th Canadian edition
Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen, Doug Short, Michael Perretta
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