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Term Bond Valuation Tutorial (Premium Scenario)

Term Bond Valuation Tutorial (Premium Scenario)

As future leaders of both for-profit and not-for-profit organizations, students need to understand time value of money concepts as they apply to alternative ways of raising capital (cash). For example, a for-profit biotech company or nonprofit scientific research entity may need to purchase expensive new equipment without exhausting its cash reserves. One way these organizations may obtain the desired capital financing is through the issuance of...

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