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Other Fields Homework Help Business Topic started by: stranahan on Nov 17, 2016



Title: Your investment banking firm has estimated what your new issue of bonds is likely to sell for under ...
Post by: stranahan on Nov 17, 2016
Your investment banking firm has estimated what your new issue of bonds is likely to sell for under several different economic conditions. What is the expected (average) selling price of each bond?
         
   Recession   Steady   Boom
Probability   .25   .65   .10
Bond price   $970   $1,000   $1,150

A) $1,040.00
B) $1,100.33
C) $1,000.00
D) $1,007.50


Title: Re: Your investment banking firm has estimated what your new issue of bonds is likely to sell for ...
Post by: BleedingDr on Nov 17, 2016
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Title: Re: Your investment banking firm has estimated what your new issue of bonds is likely to sell for under ...
Post by: stranahan on Jan 6, 2017
Thanks ^-^