years and pay interest at the end of each? ABC issues $20M in bonds on January 1, 2004. The bonds mature in 30 years and pay interest at the end of each semi-annual period on July 1 and January 1. The bonds have a coupon rate of 10% and were issued when the market rate of interest is 12%...
Former President Bill Clinton along with Mexican telecom executive Carlos Slim and Frank Guistra, a Canadian "mining magnet," on Thursday announced "a $20 million fund to help support the expansion and creation of small- and medium-size Haitian businesses," the Miami Herald reports."Before the...