EBK PRINCIPLES OF CORPORATE FINANCE
EBK PRINCIPLES OF CORPORATE FINANCE
12th Edition
ISBN: 9781259358487
Author: BREALEY
Publisher: MCGRAW HILL BOOK COMPANY
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Chapter 24, Problem 2PS

Bond terms Look at Table 24.1:

  1. a. The AMAT bond was issued on June 8, 2011, at 99.592%. How much would you have to pay to buy one bond delivered on June 15? Don’t forget to include accrued interest.
  2. b. When is the first interest payment on the bond, and what is the total dollar amount of the payment?
  3. c. On what date do the bonds finally mature, and what is the amount to be paid on each bond at maturity?
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