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could you please show all the formula work pls Question 1 Bastion Corporation issued $100 million bonds that mature in 30 years and have a
could you please show all the formula work pls
Question 1 Bastion Corporation issued $100 million bonds that mature in 30 years and have a 5% coupon rate that is paid annually. If the bonds were sold to yield 5.4%, determine the price of the bonds at the end of year 25. $955.00 $945.82 $976.07 $982.87 1/1 point $959.58 $1.000 face value and a coupon rate of 7%. If the bond has a hond's face valueStep by Step Solution
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