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)
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alinko inc has bonds on the market with 75 yrs to maturity a yield to maturity of 8 and a current price of 990 the face
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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