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If a Company's Bond Can Be Purchased Today and Expects

Question 52

Essay

If a company's bond can be purchased today and expects to earn investors 5% p.a, paying $100 at the end of 25 years, what is today's price? What could occur, to the price of the bonds if the company's level of risk increases? Why?

Correct Answer:

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a.$29.53
b.The price would be ...

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