Question
Callaghan Motor's bonds have 10 years remaining to maturity. interest is paid annually; they have a $1,000 par value ; the coupon interest rate is
Callaghan Motor's bonds have 10 years remaining to maturity. interest is paid annually; they have a $1,000 par value ; the coupon interest rate is 8% and the yield to maturity is 9%. What is bonds current market price?
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Personal Finance And Investments
Authors: Keith Redhead
1st Edition
0415428629, 978-0415428620
