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QUESTION 23 Molson Coors Brewing Company has a bound outstanding with a coupon interest rate of 6.75% that will mature in 8 y
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Answer #1

Value of the bond is calculated as:-

=PV(rate,nper,pmt,fv)

=PV(15.75%,8,6.75%*1000,1000)

=605.91

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