Merton enterprises has bonds on the market making annual
Merton Enterprises has bonds on the market making annual payments, with 14 years to maturity, and selling for $1,086. At this price, the bonds yield to maturity is 6.8 percent. What must be the coupon rate on Merton’s bonds? (Face Value =$1000)
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comparing competing projects net present value and internal rate of return a always results in the same ranking of
merton enterprises has bonds on the market making annual payments with 14 years to maturity and selling for 1086 at
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