Question
10. Ninja Co. issued 10 year bonds a year ago with a coupon rate of 8%. The bonds make semi annual payments. If the YTM
| 10. | Ninja Co. issued 10 year bonds a year ago with a coupon rate of 8%. The bonds make semi annual payments. If the YTM on these bonds is 6%, what is the current bond price? |
| A. | $974.52 |
| B. | $1000.00 |
| C. | $1137.16 |
| D. | $1149.89 |
| E. $1185.76 |
|
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Managerial Accounting
Authors: John J. Wild, Ken W. Shaw
2010 Edition
9789813155497, 73379581, 9813155493, 978-0073379586
