If you buy a bond with face value of 6000. The bond is supposed to give you
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If you buy a bond with face value of 6000. The bond is supposed to give you 10% coupon for next 12 years; which is it’s maturity date. Your required rate of return is 15%. What is maximum amount that you would be willing to pay to buy that bond.
Related Book For
Fundamentals of Corporate Finance
ISBN: 978-0077861629
8th edition
Authors: Richard Brealey, Stewart Myers, Alan Marcus
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