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GH, Inc., has a bond outstanding with a coupon rate of 7.1% and annual payments. The yield to maturity is 8.3%, and the bond matures
GH, Inc., has a bond outstanding with a coupon rate of 7.1% and annual payments. The yield to maturity is 8.3%, and the bond matures in 23 years. What is the bonds price if it has a par value of $2,000?
$1,659.75 | ||
$1,757.05 | ||
$1,792.19 | ||
$1,812.42 |
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