Bond has a face value
Problem:
An 8% semiannual coupon bond matures in 6 years. The bond has a face value of $1,000 and a current yield of 8.2430%. Please describe in detail and provide step by step solution.
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Which one of the following is TRUE about Prepayment penalties?
Ethier enterprises have an unlevered beta of 1.0. Ethier is financed with 50% debt bad has a levered beta of 1.6. If the risk free rate is 5.5% and the market risk premium is 6%, how much is the additional premium that Ethier's shareholders requir
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