Bond price of moerdyk corporation
Moerdyk Corporation's bonds have a 15-year maturity, a 7.25% semiannual coupon, and a par value of $1,000. The going interest rate (rd) is 6.20%, based on semiannual compounding. What is the bond's price?
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A firm has a profit margin of 5.5% and an equity multiplier of 2.4. Its sales are $140 million and it has total assets of $84 million. What is its ROE?
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