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7) Three years ago, The Blackburn Group issued 20-year, unsecured bonds rated BB by Moody's at 3.5%. You have now owned the bond for 5

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7) Three years ago, The Blackburn Group issued 20-year, unsecured bonds rated BB by Moody's at 3.5%. You have now owned the bond for 5 years. The current yield for bonds of this type of bond is 5.9%. The par value is $1,000 and interest is paid annually. If you were to sell this bond today, what is the estimated purchase price

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