Assume that Apple bonds have just left the printer and
have a stated coupon of $100 (a coupon
rate of 10%) and a yield –to-maturity of 15%. The bonds mature in 3 years
and the next coupon is due in 1 year. What is the fair price for the bond
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He observes that work expands so as to fill the time available for its completion.
find the solution attached
this is incorrect answer, not one of mutiple choice ??
hi, what are the multiple choices provided?
kindly provide me with the multiple choices provided
I have not been able to receive the correct answer from you not once yet???
ok i think i have been rounding off my answers that why there are discrepancies. kindly withdraw the review
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