Question
Assume a par value of $1,000. Caspian Sea plans to issue a 3.00 year, annual pay bond that has a coupon rate of 9.00%. If
Assume a par value of $1,000. Caspian Sea plans to issue a 3.00 year, annual pay bond that has a coupon rate of 9.00%. If the yield to maturity for the bond is 9.0%, what will the price of the bond be?
Answer format: Currency: Round to: 2 decimal places.
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Healthcare Financial Management Applied Concepts And Practical Analyses
Authors: Cassandra R. Henson
1st Edition
0826144748, 978-0826144744
