Reddy's LLC has in issue 14% bonds with par value OMR180,000 and redemption value OMR 80,000, with interest payable half yearly. The cost of debt on the bonds is 6% annually and 3% half yearly. The bonds are redeemable on 30 June 2026 and it is now 1 July 2021. Calculate the market value of the bonds. a)OMR 82551 b)none of them c)OMR 137.921 d)OMR 166,998
Reddy's LLC has in issue 14% bonds with par value OMR180,000 and redemption value OMR 80,000, with interest payable half yearly. The cost of debt on the bonds is 6% annually and 3% half yearly. The bonds are redeemable on 30 June 2026 and it is now 1 July 2021. Calculate the market value of the bonds. a)OMR 82551 b)none of them c)OMR 137.921 d)OMR 166,998
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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