The bond have a 4 coupon rate payable semiannually and a


the bond have a 4% coupon rate, payable semiannually and a par value of 1000, mature in 10 years. the yield to maturity is 12% so the bonds now sell below par. what is the current value of the firms debt.

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Finance Basics: The bond have a 4 coupon rate payable semiannually and a
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