non coupon bond 6 years ago a principal value id 10000 and interest of 8%p a compounded half yearly with a meturity of 10 years the required return on similar bonds today is 9%pa compute the intrinsic value of bond
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The good news is that in the majority of cases, the protection provided by private limited companies (LTDs), public limited companies (PLCs) and limited liability partnerships (LLPs), means that shareholders are not usually personally responsible for the debts of the company.
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