Which of the following lists correctly ranks investments from highest to lowest returns
1. Leggio Corporation issued 20-year, 7% annual coupon bonds at their par value of $1,000 one year ago. Today, the market interest rate on these bonds has dropped to 6%. What is the new price of the bonds, given that they now have 19 years to maturity?
a) $1,046.59
b) $1,111.58
c) $1,133.40
d) $1,177.78
e) $1,189.04
2. Moussawi Ltd's outstandin ...
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04 May 2016