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nisha nisha
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8 months ago
Company A has a bond outstanding that pays a 9% coupon. The interest is paid annually, and the bond matures in 13 years. If the market rate of interest on bonds of similar risk is 12%, what should Company A’s bond be selling for, approximately, one year from today?


▸

$790.25



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$814.17



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$842.10



▸

$875.03

Textbook 
Financial Management: Theory and Practice

Financial Management: Theory and Practice


Edition: 4th
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evgenomeevgenome
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8 months ago
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