Question
Harrison Co. issued 14-year bonds one year ago at a coupon rate of 7.4 percent. The bonds make semiannual payments. If the YTM on these
Harrison Co. issued 14-year bonds one year ago at a coupon rate of 7.4 percent. The bonds make semiannual payments. If the YTM on these bonds is 5.4 percent, what is the current dollar price assuming a $1,000 par value? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Current bond price $
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Essentials Of Real Estate Finance
Authors: Doris Barrell
15th Edition
1475462077, 978-1475462074
