It has decided to issues a 1000 par value bond with a 15, Ask an Expert

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Gillian Stationery Corporation need to raise $600000 to improve its manufacturing palnt. It has decided to issues a $1000 par value bond with a 15% annual coupon rate and a 10 year maturity. If the investors require a 10% rate of return. find out the market value of the bond

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Basic Finance, Finance

Category:- Basic Finance
Reference No.:- M938971

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