ABU Inc.s bonds have a coupon rate of 20%, 5 years maturity and 1.000 TL...
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Finance
ABU Inc.s bonds have a coupon rate of 20%, 5 years maturity and 1.000 TL nominal value. The company pays interest semiannually. If the interest rate is 15%, please calculate the present value of these bonds.
a. 1,087 b. 1,147 c. 927 d. 1,171 e. 1,344
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