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Contemporary Engineering Economics 6th Edition by Chan Park
النسخة 6الرقم المعياري الدولي: 978-0134105598Contemporary Engineering Economics 6th Edition by Chan Park
النسخة 6الرقم المعياري الدولي: 978-0134105598 تمرين 18
The Photo Film Company's bonds have four years remaining to maturity. Interest is paid annually, the bonds have a $1,000 par value, and the coupon interest rate is 8.75%.
(a) What is the yield to maturity at a current market price of $1,108
(b) Would you pay $935 for one of these bonds if you thought that the market rate of interest was 9.5%
(a) What is the yield to maturity at a current market price of $1,108
(b) Would you pay $935 for one of these bonds if you thought that the market rate of interest was 9.5%
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It is given that the par value of bond i...
Contemporary Engineering Economics 6th Edition by Chan Park
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