a 9-year bond is being issued today with the following terms: face value: $1,100,000 annual coupon rate: 14% market rate: 12% this is a conventional bond which pays a semi-annual interest annuity. how much money will the company issuing this bond receive? (that is, what is the price of this bond?)

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01-12-2022
Business

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a 9-year bond is being issued today with the following terms: face value: $1,100,000 annual coupon rate: 14% market rate: 12% this is a conventional bond which pays a semi-annual interest annuity. how much money will the company issuing this bond receive? (that is, what is the price of this bond?)

Sagot :

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a 9-year bond is being issued today with the following terms: face value: $1,100,000 annual coupon rate: 14% market rate: 12% this is a conventional bond which pays a semi-annual interest annuity. how much money will the company issuing this bond receive? (that is, what is the price of this bond?)

Sagot :

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