Business, 20.08.2019 02:30 Brayner14

Fin 313 corp issued bonds to raise money. the bond promises a 6% annual coupon rate and has a maturity of 4 years. the coupon is paid semi-annually. yield to maturity of the bond is 10%. par value of the bond is $1000. what is the price of the bond?

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Fin 313 corp issued bonds to raise money. the bond promises a 6% annual coupon rate and has a maturi...

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