What is the main formula that determines a firms value how


1. What is the effective annual return for a 6% bond which pays interest semiannually?

2. Which bond will be more affected by a change in interest rates? A bond that matures in 3 years or a bond that matures in 15 years? Why?

 

3. What is the main formula that determines a firm’s value? How do cash flows affect the value?

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Financial Management: What is the main formula that determines a firms value how
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