Business, 23.01.2020 21:31 mervindavisk

Pgp co. expects to issue a $1,000 face-value bond that matures in 8 years. the annual coupon rate is 9% and interest payments are expected to be paid annually. similar bonds are currently priced at 101.4% of face value. given this information, what is the required return by bond holders

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Pgp co. expects to issue a $1,000 face-value bond that matures in 8 years. the annual coupon rate is...