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solina solina
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Posts: 1273
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6 years ago
Cassel Corp. bonds pay an annual coupon rate of 10%. If investors' required rate of return is now 8% on these bonds, they will be priced at
A) par value.
B) a premium to par value.
C) a discount to par value.
D) cannot be determined from information given.
Textbook 
Financial Management: Principles and Applications

Financial Management: Principles and Applications


Edition: 13th
Authors:
Read 127 times
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Heavy Heart Thank you bio-forums! Heavy Heart
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vanrheevanrhee
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6 years ago
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solina Author
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You make an excellent tutor!
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Smart ... Thanks!
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this is exactly what I needed
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