Business, 11.12.2019 21:31 monasiamcneill
Eastern corporation has $1,000 par value bonds with 4 years to maturity. the bonds pay an 8% coupon rate with semi-annual coupon interest payments. the bond's closing price is quoted at 101.25. if your required rate of return is 9.5%, what would be the bond's intrinsic value?
Answers: 3
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Eastern corporation has $1,000 par value bonds with 4 years to maturity. the bonds pay an 8% coupon...
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