A facility has an issue of 18 year old 1000 par value bonds


A facility has an issue of 18 year old $1000 par value bonds that pay 7% interest, assume today's required rate of return on these bonds is 5%, how much would these bonds sell for today?

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Finance Basics: A facility has an issue of 18 year old 1000 par value bonds
Reference No:- TGS02209532

Now Priced at $10 (50% Discount)

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