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Emerging Market Finance Lecture 14: Valuation of Corporate Bonds

Emerging Market Finance Lecture 14: Valuation of Corporate Bonds. Corporate Bond. B T = X if V T > X or = V T if V T < X where V T is the value of the firm at bond maturity T, and X the face value of a zero-coupon bond. Example. Company ABC: Vt = $ 1 billion?

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Emerging Market Finance Lecture 14: Valuation of Corporate Bonds