A-z inc is planning to issue a 1000 face-value bond that


A-Z Inc. is planning to issue a $1000 face-value bond that matures in 10 years. The annual coupon rate is 8.25% and interest payments are expected to be paid annually. Similar bonds are currently priced at 98.4% of face value. What is the required return by bond holders?

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Financial Management: A-z inc is planning to issue a 1000 face-value bond that
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