Corporate FInace Assignment/ Professional Essay Writers
Bill’s Moving Company bonds have a 12% coupon rate. Interest is paid semiannually. The bonds have a par value of $1,000 and will mature 8 years from now. Compute the present value of Bart’s Moving Company bonds if investors’ required rate of return is 13.5%.
a. $1,133.05.
b. $927.96.
c. $1,098.99.
d. $897.27. Get Finance Help Today
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