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A1. (Bond valuation) A $1000 face value bondhas a remaining maturity of 10 years
(Dividend discount model) Assume RHM is expected to pay a totalcash dividend of
September 15, 2020Using the financial statements for Pitney Bowes for2011.
September 15, 2020A1. (Bond valuation) A $1000 face value bondhas a remaining maturity of 10 years and a required return of 9%.The bonds coupon rate is 7.4%. What is the fair value of thisbond?
