There is a bonus with the following characteristics: nominal value $98.650.000 annual coupon rate 4.5% term 5
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Question:
There is a bonus with the following characteristics:
nominal value $98.650.000
annual coupon rate 4.5%
term 5 years,
tir 6.5%
A) Calculate the price of the bond assuming it is zero coupon
B) Calculate the price of the bond if it pays 50% of the face value in perpetuity
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
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