Business
Business, 08.04.2021 18:40, yoongnzl

A company issued 10%, 20-year bonds with a face amount of $74 million. The market yield for bonds of similar risk and maturity is 10%. Interest is paid semiannually. At what price did the bonds sell

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A company issued 10%, 20-year bonds with a face amount of $74 million. The market yield for bonds of...

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