To finance a new line of product the westchester company
To finance a new line of product, the Westchester Company has issued a bond with a par value of $1,000, coupon rate of 8 percent, paid semi-annually and maturity of 30 years. Compute the price of the bond if the required rate of return is 11 percent
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to finance a new line of product the westchester company has issued a bond with a par value of 1000 coupon rate of 8
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