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6. Nungesser Corporation has issued bonds that have a 9 percent coupon rate, payable semiannually. The bonds mature in 6 years, have a face value
6. Nungesser Corporation has issued bonds that have a 9 percent coupon rate, payable semiannually. The bonds mature in 6 years, have a face value of $1,000, and a yield to maturity of 8.5 percent. 1). What is the price of the bonds? 2). What is the current yield? 3). What is the capital gains yield? 4). These bonds sell at a. par b. a premium c. a discount
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