Assuming no brokerage fees, calculate the amount of cash needed to retire Baldwin's 12.5S2030 bond...
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Finance
Assuming no brokerage fees, calculate the amount of cash needed to retire Baldwin's 12.5S2030 bond early.
A. $13,765,142
B. $14,665,611
C. $15,598,251
From report:
Series# Face Yield Close$ S&P 12.5S2030 $14,665,611 13.3% 93.87 CC
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