A perpetual bond pays coupons of 6 every yr on a face value
At ALINKO INC.
A perpetual bond pays coupons of 6% every yr on a face value of $1,000. The rate of return on the bond is 8.9% every yr.
What is the price of the bond?
Now Priced at $10 (50% Discount)
Recommended (90%)
Rated (4.3/5)
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at alinko inca perpetual bond pays coupons of 6 every yr on a face value of 1000 the rate of return on the bond is 89
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