{[ promptMessage ]}

Bookmark it

{[ promptMessage ]}

FIN Stephens - Maturity Date Maturity Date Coupon Rate 4.50...

Info icon This preview shows page 1. Sign up to view the full content.

View Full Document Right Arrow Icon
Stephens Security Choice 1: Choice 2: Total Price $50,000,000 Total Price $50,000,000 Issuance Costs $1,000,000 Issuance Costs $500,000 Net Proceeds $49,000,000 Net Proceeds $49,500,000 Number of Bonds Issued 50,000 Number of Bonds Issued 50,000 Proceeds from 1 Bond $980 Proceeds from 1 Bond $990 Settlement Date 01/01/00 Settlement Date
Image of page 1
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: 01/01/00 Maturity Date 01/01/40 Maturity Date 01/01/20 Coupon Rate 4.50% Coupon Rate 9.25% Bond Price (% of par) 98 Bond Price (% of par) 99 Redemption Value (% of par) 100 Redemption Value (% of par) 100 Number of Payments 2 Number of Payments 1 Rate 4.61% APY 9.36% APY 9.43%...
View Full Document

{[ snackBarMessage ]}

What students are saying

  • Left Quote Icon

    As a current student on this bumpy collegiate pathway, I stumbled upon Course Hero, where I can find study resources for nearly all my courses, get online help from tutors 24/7, and even share my old projects, papers, and lecture notes with other students.

    Student Picture

    Kiran Temple University Fox School of Business ‘17, Course Hero Intern

  • Left Quote Icon

    I cannot even describe how much Course Hero helped me this summer. It’s truly become something I can always rely on and help me. In the end, I was not only able to survive summer classes, but I was able to thrive thanks to Course Hero.

    Student Picture

    Dana University of Pennsylvania ‘17, Course Hero Intern

  • Left Quote Icon

    The ability to access any university’s resources through Course Hero proved invaluable in my case. I was behind on Tulane coursework and actually used UCLA’s materials to help me move forward and get everything together on time.

    Student Picture

    Jill Tulane University ‘16, Course Hero Intern