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Business, 02.03.2020 23:32 issaaamiaaa15

Assume that a firm issues a par bond of $1,000,000 on January 1, 2015, due in five years. The bond has a 10% coupon rate paid semi-annually. What is the value of this bond in 2017 balance sheet?

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Assume that a firm issues a par bond of $1,000,000 on January 1, 2015, due in five years. The bond h...
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