If you believe that the appropriate discount rate for the, Financial Management

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If you believe that the appropriate discount rate for the

You are considering buying bonds in ACBB, Inc. The bonds have a par value of $1,000 and mature in 30 years. The annual coupon rate is 11.0% and the coupon payments are annual. If you believe that the appropriate discount rate for the bonds is 19.0%, what is the value of the bonds to you?

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Financial Management: If you believe that the appropriate discount rate for the

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Financial Management: If you believe that the appropriate discount rate for the

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