What is the bond worth is this bond prices at par premium
ABC company is issuning a 15 year, $1000 par value 15% coupon bond maturing in ten years. Assuming a prevailing interest rate on 15%, what is the bond worth? Is this bond prices at par, premium, or a discount?
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abc company is issuning a 15 year 1000 par value 15 coupon bond maturing in ten years assuming a prevailing interest
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