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A bond for Firebird, Inc. has a coupon rate of 7% and face value of K1000,

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Question

A bond for Firebird, Inc. has a coupon rate of 7% and face value of K1000, 000. The;yield to maturity is 6.8%. The bond has a remaining life of 30 years and makes;annual coupon payments? What is this bond?s current market value?

 

Paper#28302 | Written in 18-Jul-2015

Price : $22
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