Your firm wishes to raise $50,000,000 by issuing regular coupon bonds. These will have a 10%...

Your firm wishes to raise $50,000,000 by issuing regular coupon bonds. These will have a 10% coupon rate, a 6% YTM, pay annually, and mature in 12 years. What is your firm's total repayment in year 12?

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AS NOTHING WAS MENTIONED, NO INTERMEDIATE ROUNDING IS DONE. ANY CHANGE NEEDED, LET ME KNOW

jeff jeffy answered 4 months ago

Your firm wishes to raise 10,000,000 by either issuing regular coupon bonds or issuing zero coupon...

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Your firm will issue 10-year bonds to raise $10 million. You will either (a) issue regular...

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