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1moneybanker

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1moneybanker

kic

6 KIC, Inc., plans to issue $5 million of perpetual bonds.The face value of each bond is $1,000. The annual coupon on the bonds is 12 percent. Market interest rates on one-year bonds are
02:12 Tue 19th Jul 2005
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1moneybanker

company z

Company Z-prime is like Z in all respects save one: Its growth will stop after year 4. In year 5 and afterward, it will pay out all earnings as dividends. What is Z-prime's stock price? Assume next...
02:02 Tue 19th Jul 2005

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