Thursday
August 21, 2014

Homework Help: Business Finance

Posted by Lisa on Monday, October 14, 2013 at 8:32pm.

A bond that has a $1,000 par value (face value) and a contract or coupon interest rate of 10.6%. The bonds have a current market value of $1,125 and will mature in 10 years. The firm's marginal rate is 34%.

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