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Author Question: A firm issues $200 million in ten-year bonds with an annual coupon rate of 6%. The firm uses a ... (Read 64 times)

berenicecastro

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on: Jul 9, 2019
A firm issues $200 million in ten-year bonds with an annual coupon rate of 6%. The firm uses a sinking fund to repurchase 8% of the bond issue on each coupon payment date. What payment must they make on the tenth and final coupon payment?
◦ $52 million
◦ $56 million
◦ $68 million
◦ $40 million
Fundamentals of Corporate Finance ¦ Berk, DeMarzo, Harford ¦ 2nd Edition
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Marked as best answer by berenicecastro on Jul 9, 2019

meryzewe

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Reply #1 on: Jul 9, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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berenicecastro

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Reply 2 on: Jul 9, 2019
Great answer, keep it coming :)

lkanara2

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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