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KSU Corporate Bond and Coupon Rate Questions Discussion

KSU Corporate Bond and Coupon Rate Questions Discussion

Question Description

X crop. issued a 3 year bond with a coupon rate of 7%. the bound pays interest annually. if the yield to maturity on this bond is 9%. what is the price of the bond?

what is m&m proposition 1? m&m proposition 2?

what are features of corporate bonde?

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