What do you mean by performance liquidated damages and what


1. What do you mean by performance liquidated damages? And what are the different ways used in the industry to calculate the damages, Explain the ways in details.

2. Compute the price of a 4.6 percent coupon bond with 10 years left to maturity and a market interest rate of 7.0 percent. (Assume interest payments are semiannual.)

Is this a Premium or Discount bond?

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Financial Management: What do you mean by performance liquidated damages and what
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