A company bonds are rated bbb pay coupon interest of 120, Ask an Expert

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A company bonds are rated BBB, pay coupon interest of $120 per year, and have 10 years to maturity. The face value of the bond is $1,000. If the yield for similar bonds is currently 12%, question: Suppose the A company bond paid interest semiannually. What would its value be if the yield is 12%?

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92411867

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