Three years ago american global issued a ten year b rated
Three years ago, American Global issued a ten year, B rated corporate bond with a $1000 face value and a 6.65% coupon rate, paid semi-annually.
If the market yield on comparable debt is 6.9%, how much is the bond worth today?
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three years ago american global issued a ten year b rated corporate bond with a 1000 face value and a 665 coupon rate
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