The brownstone corporation''s bonds , Financial Accounting

a) What will be the value of every of these bonds when the going rate of interest is 12%? Suppose that there is only one more interest payment to be made on Bond S. Round your answers to the nearest cent.

b) The Brownstone Corporation's bonds have 4 years remaining to maturity. Interest is paid yearly, the bonds have a $1,000 par value, and the coupon interest rate is 9%.

Posted Date: 3/28/2013 3:54:15 AM | Location : United States

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