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Lecture

Q5 Bond Valuation (Hard)

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Department
Rotman Commerce
Course
RSM332H1
Professor
All Professors
Semester
Fall

Description
Bond Valuation (Hard) The McKeegan Corporation has two different bonds currently outstanding. Bond M has a face value of $20000 and matures in 20 years. The bond makes no payments for the first six years, then pays $1100 every six months over the subsequent eight years, and finally pays $1
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