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$739.17 $792.41 $802.03 $894.37 $898.94 One year ago, Kris Kringle Corporation issued $1 ,000 face value bonds with a 3 percent annual coupon. When they
$739.17 $792.41 $802.03 $894.37 $898.94
One year ago, Kris Kringle Corporation issued $1 ,000 face value bonds with a 3 percent annual coupon. When they were issued the bonds had a 15 year maturity. What is the price of the bonds today if the yield to maturity is now 4 percent? @ $739.17 @ $792.41 @ $802.03 @ $894.37 @ $898.94
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