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Title: Caldwell, Inc. sold an issue of 30-year, $1,000 par value bonds to the public. The bonds carry a ... Post by: solina on May 31, 2017 Caldwell, Inc. sold an issue of 30-year, $1,000 par value bonds to the public. The bonds carry a 10.85% coupon rate and pay interest semiannually. It is now 12 years later. The current market rate of interest on the Caldwell bonds is 8.45%. What is the current market price (intrinsic value) of the bonds? Round off to the nearest $1.
A) $751 B) $1,177 C) $1,220 D) $976 Title: Re: Caldwell, Inc. sold an issue of 30-year, $1,000 par value bonds to the public. The bonds carry a ... Post by: Lutional on May 31, 2017 Content hidden
Title: Re: Caldwell, Inc. sold an issue of 30-year, $1,000 par value bonds to the public. The bonds carry a ... Post by: solina on Jun 26, 2017 Really appreciate the assistance, very kind of you!
Title: Re: Caldwell, Inc. sold an issue of 30-year, $1,000 par value bonds to the public. The bonds carry a ... Post by: joe Doe on Dec 17, 2019 bump
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