On january 1, 2005, systil corporation issues $50m 10 year bonds with a coupon rate of 10%. interest is payable annually at the end of the year. if the required return on bonds of similar risk at january 1, 2006 is 8%, what will be the price of the bonds be at this date?
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On january 1, 2005, systil corporation issues $50m 10 year bonds with a coupon rate of 10%. interest...
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