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Determine the fair market value of a $20 million loan structured like a conventional American bond...

  1. Determine the fair market value of a $20 million loan structured like a conventional American bond which pays 1% for 5 years when market yields are 2%?

  2. Determine the fair market value of a $20 million loan structured like a conventional American bond, except that it pays for 1% quarterly for 5 years when market yields are 2%?

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jeff jeffy answered 1 year ago
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