Suppose GE plans to issue a note that matures in 3 years and has a 3.43% coupon

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Suppose GE plans to issue a note that matures in 3 years and has a 3.43% coupon rate. If the market yield is 4.68%, what is the market price?

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Finance for Executives Managing for Value Creation

ISBN: 978-0538751346

4th edition

Authors: Gabriel Hawawini, Claude Viallet

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Posted Date: Apr 26, 2023 08:29 AM

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Suppose GE plans to issue a note that matures in 3 years and has a 3.43% coupon

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ANSWER To calculate the market price of the GE note we can use the present value form... View the full answer

Finance for Executives Managing for Value Creation

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