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Business, 17.12.2019 21:31 nikolevargas89

A$1000 8% bond matures at par on sept. 1, 2015. the coupon dates are september 1 and march 1. the bond has a call provision on march 1, 2008 of 104, meaning that on the call date the bondholder would receive 104% of par, i. e. $1040 if the bond is called on that date. (the coupon would be payable on that date in addition to $1040.) find the value of this bond on march 1, 2004, such that it yields a nominal rate of 10% convertible semiannually if
a. the bond is redeemed at par on 9/1/15
b. the bond is called on 3/1/08

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A$1000 8% bond matures at par on sept. 1, 2015. the coupon dates are september 1 and march 1. the bo...
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