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1. ZeeBee Inc, recent.1y issued corporate bonds that mature in 15 years. They bonds have a par value of N1,000 and an annual coupon of

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1. ZeeBee Inc, recent.1y issued corporate bonds that mature in 15 years. They bonds have a par value of N1,000 and an annual coupon of 5.7\%. If the current market interest rate is 7.01, calculate what the current market price of the bond should be. 1. ZeeBee Inc, recent.1y issued corporate bonds that mature in 15 years. They bonds have a par value of N1,000 and an annual coupon of 5.7\%. If the current market interest rate is 7.01, calculate what the current market price of the bond should be

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