Lourdes Corporation's 11% coupon rate, semiannual payment, $1,000 par value bonds, which mature in 25 years, are callabl
Posted: Sat Nov 27, 2021 5:27 pm
Lourdes Corporation's 11% coupon rate, semiannual payment,
$1,000 par value bonds, which mature in 25 years, are callable 6
years from today at $1,050. They sell at a price of $1,242.72, and
the yield curve is flat. Assume that interest rates are expected to
remain at their current level.
years
$1,000 par value bonds, which mature in 25 years, are callable 6
years from today at $1,050. They sell at a price of $1,242.72, and
the yield curve is flat. Assume that interest rates are expected to
remain at their current level.
years