Charles river company has just sold a bond issue with 10, Ask an Expert

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Charles River Company has just sold a bond issue with 10 warrants attached. The bonds have 20-year maturity, an annual coupon rate of 12%, and they are sold at their $1000 par. The yield on similar straight bonds is 15%. What is the implied value of each warrant?

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92085224

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