Question: Here are data on $ 1 , 0 0 0 par value bonds issued by Microsoft, GE Capital, and Morgan Stanley at the end of
Here are data on $ par value bonds issued by Microsoft, GE Capital, and Morgan Stanley at the end of Assume you are thinking about buying these bonds. Answer the following questions:
Assuming the interest is paid annually, calculate the values of the bonds if your required rates of return of Microsoft, GE Capital, and Morgan Stanley are and respectively. In addition, the information on coupon rates and maturity is given in the following table.
tableMicrosoft,GE capital,Morgan StanleyCoupon rate,
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