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Doisneau 17- year bonds have an annual coupon interest rate of 9 percent, make interest payments on a semiannual basis, and have a $1,000 par
Doisneau 17- year bonds have an annual coupon interest rate of 9 percent, make interest payments on a semiannual basis, and have a $1,000 par value. If the bonds are trading with a market's required yield to maturity of 17 percent, are these premium or discount bonds? What is the price of the bonds?
What is the price of the bonds?
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Cost Accounting A Managerial Emphasis
Authors: Charles T. Horngren, Srikant M. Datar, Madhav V. Rajan
15th edition
978-0133428704
