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The nickelodeon manufacturing co. has a series of $1000 par value bonds outstanding.Each bond pays interest semi-annually and carries an annual coupon rate of 7%.some bonds are due in 3 years and others are due in 10 years. if the required rate of return on bonds is 10% what is the current price of the A) the bonds with 3 years to maturity B) bonds with 10 years maturity? Explain the relationship between the number of years until the bond matures and it price.
Finance is about Gunns Ltd, a company in dealing with forestry products in Australia. The company has also been listed in Australian Stock Exchange. As many companies producing forestry products, even Gunns Ltd is facing various problems. Due to the ..
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