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e_chuc

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e_chuc

non-callable bonds

A firm plans to issue $5 million of perpetual bonds. The face value of each bond is $1,000. The annual coupon on the bonds is 12%. If the firm's bond are non callab.e, what is the price of the bonds?
01:34 Tue 19th Dec 20064 answers, last by Hammer 15:29 Wed 20th Dec 2006

Only 1 question