QuickHelper

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Category > Business & Finance Posted 09 Jun 2017 My Price 6.00

B Inc. is planning to issue a $1,000 face-value bond with an annual coupon

Question description

 

B Inc. is planning to issue a $1,000 face-value bond with an annual coupon rate of 4.5% that matures in 10 years. B Inc. is planning to pay semi-annual interest payments. Similar B bonds are quoting at 95% of par. What is the amount of the final cash flow that a bond holder will receive? How do I calculate this?

Answers

QuickHelper
(10)
Status NEW Posted 09 Jun 2017 07:06 PM My Price 6.00

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