Apple just issued a bond with a $10,000 face value and a coupon rate of 7%. If a bond has…

International Business Communications 2DB
February 24, 2021
Do-a-powerpoint-and-a-short-paper
February 24, 2021

Apple just issued a bond with a $10,000 face value and a coupon rate of 7%. If a bond has…

Apple just issued a bond with a $10,000 face value and a coupon rate of 7%. If a bond has a life of 30 years, pays semi-annual coupons, and the yield to maturity is 9%. What will the bond sell for?

 
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