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1.) The Garcia Company's bonds have a face value of $1000, will mature in ten years, and carry a coupon rate of 16 percent. Assume interest rates are made semi-annually.
A.) Determine the present value of the bonds cash flows if the required rate of return is 16.64 percent.
B.) How would your answer change if the required rate of return is 12.36 percent?
the following information relates to Thomas limited who decide to commence business on 01 January 2016 with R375000 cash: what is his budget for February, march, April?
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