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bond valuation I need help finding what PMT is? (Related to Checkpoint 0.3) (Bond valuation) Pybus, Inc. is considering issuing bonds that will mature in
bond valuation
(Related to Checkpoint 0.3) (Bond valuation) Pybus, Inc. is considering issuing bonds that will mature in 21 years with an annual coupon rate of 7 percent. Their par value will be $1,000 and enrest will be paid semiannualy Pybus in hoping to get a AA rating on its bonds and it does the yield to maturity on similar AA bonds is 9 percent. However. Pybus is not sure whether the new bonds will receive a AA rating If they receive an Arating the yield to maturity on similar Abonde in 10 percent. What will be the price of these bonds they receive either or a rating? The price of the Prtius bonds if they receive a rating will be $ 212.76 Round to cart cent) The price of the youn bongo hay receive an A rating will be $(Round to the nearest.com) I need help finding what PMT is?
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