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Business, 19.01.2021 01:50 jacob7758

Amount issued $400 million Offered Issued at a price of 101.50% plus accrued interest (proceeds to company 101.300%) through First Boston Corporation. Interest 9.25% per annum, payable February 15 and August 15. Suppose the debenture was issued on September 1, 1992, at 101.50%. How much would you have to pay to buy one bond delivered on September 15

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Amount issued $400 million Offered Issued at a price of 101.50% plus accrued interest (proceeds to c...
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