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Title: Tangshan Mining Company has an outstanding issue of convertible bonds with a $1,000 par value. The ... Post by: betterway on Mar 7, 2017 Tangshan Mining Company has an outstanding issue of convertible bonds with a $1,000 par value. The bonds have a 10 percent coupon rate, have a 10-year maturity, and are convertible into 100 shares of common stock. The yield to maturity on bonds of similar risk is 10 percent. Based on this information, the straight bond value of the bond is ________.
A) $1,000.00 B) $978.39 C) $1,087.36 D) $1,123.86 Title: Re: Tangshan Mining Company has an outstanding issue of convertible bonds with a $1,000 par value. ... Post by: Ulain on Mar 7, 2017 Content hidden
Title: Re: Tangshan Mining Company has an outstanding issue of convertible bonds with a $1,000 par value. ... Post by: Kimberly Davis on May 7, 2020 Thank you
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