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  3. subject: finance 4. to expand its business, th

Subject: Finance 4. To expand its business, the BBQ factory would...

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Finance

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Subjectimage: Finance

4. To expand its business, the BBQ factory would like to issue a bond with par value of $1,000, coupon rate of 10 percent, and maturity of 10 years from now. What is the value of the bond if the required rate of return is (a) 6 percent (b) 10 percent. (c) 14 percent (7 Marks)

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