Lance whittingham iv specializes in buying deep discount, Financial Management

Lance whittingham iv specializes in buying deep discount

Lance Whittingham IV specializes in buying deep discount bonds. $1,00 par value with semi annual interest payment, has 4% interest rates, 16 years to maturity. Current YTM is 10%. a)Current price of bond b)Percent increase of bond now to maturity C) What is the annual compound rate of growth in the value of the bond?

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Financial Management: Lance whittingham iv specializes in buying deep discount

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