Finance majors

triniprincess76

I'm in love
Finance majors...or anyone who is familiar with bonds and that sorta thing...I have a problem in class...and I want to make sure I did it correctly...here's the question...

Suppose your company needs to raise $10 million and you want to issue 30-year bonds for this purpose. Assume the required return (YTM) on your bond issue will be 9 percent, and you are evaluating two issue alternatives: a 9% annual coupon bond and a zero coupon bond.

How many of the coupon bonds would you need to issue to raise the $10 million? How many of the zeroes would you need to issue?
 

pvpzonevc

New member
Many times I ask myself if the finance career could be complemented with pages like this here on forex or the investment market and if this is how it could be managed at the moment or on which platform we could make the money of people who are students grow and we are looking for an income that is superior to mcdonalds jobs.
 
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