A bond of 1000 face value carrying a interest of 14% is redeemable after 6 years at a premium of 5 %. If required return is 15 %.What is the present value of bond?
A bond of 1000 face value carrying a interest of 14% is redeemable after 6 years at a premium of 5 %. If required return is 15 %.What is the present value of bond?
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