If a company-issued 130,000 bonds with a coupon value of $108.00 per semester (paid semiannually), maturing in 17 years. YTM is 6.35%, and each bond has a face value of $4,000.How much did this company raise with the issuance of these bonds?
PRINCIPLES OF BUSINESS FINANCE 1- If a company-issued 130,000 bonds with a coupon value of $108.00 per semester (paid semiannually), maturing in 17 years. YTM is 6.35%, and each bond has a face value of $4,000.How much did this company raise with the issuance of these bonds? 2- If a bond is quoted at 90.80% […]