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Bonds Valuation, Financial Management
Six years ago . the singleton company sold a 20 year bond with a 14% annual coupon rate and a 9% call premium. today, singleton called the bonds. the bonds originally were sold at a face value of 1000. Compute the realized rate of return for investors who purchased the bonds when they were issued and who surrender them today in exchange for call price.
Posted Date: 4/2/2013 9:52:06 AM | Location : Pakistan
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