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    kcurrie's Avatar
    kcurrie Posts: 1, Reputation: 1
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    #1

    May 1, 2008, 05:20 PM
    Corporate Finance
    MI has a 1000 par value 30 year bond outstanding that was issued 20 years ago at an annual coupon rate of 10%, paid semiannually. Market interest rates on similar bonds are 7%
    progunr's Avatar
    progunr Posts: 1,971, Reputation: 288
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    #2

    May 1, 2008, 05:21 PM
    And the question is?
    Fr_Chuck's Avatar
    Fr_Chuck Posts: 81,301, Reputation: 7692
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    #3

    May 1, 2008, 07:48 PM
    Moved from introductions
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