Mills co has issued a 10 coupon interest rate 10 year bond


Mills Co has issued a 10% coupon interest rate, 10 year bond with a Sh. 1000 par value, which pays interest annually. The required rate of return of similar bonds is 10%. What is the value of the bond?

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Finance Basics: Mills co has issued a 10 coupon interest rate 10 year bond
Reference No:- TGS01491976

Now Priced at $10 (50% Discount)

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