Over Face Value?

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Posted by Doctor Samm on August 12, 2002 at 12:39:22:
If a note has a face value of $10,000 @ 12% compounded monthly for 10yrs and I or my investor only wants say a 10% return, how would you go about setting a price on this note. By my calculations, I would be paying over face value. For me that is a no-no. How do buying institutions handle this situation?

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Re: Over Face Value? John Behle 14:23:21 1/25/2003 (0)

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