Question
HD Streaming, Inc. has $40 million in outstanding long-term debt due in 2045*, callable in 2035. The issue pays a 5.75% coupon. * (Assume the
HD Streaming, Inc. has $40 million in outstanding long-term debt due in 2045*, callable in 2035. The issue pays a 5.75% coupon.
* (Assume the term is 25 years.)
If the yield to maturity is 5.35%, rounded to dollars and cents, the bond's price is $ ________
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Public Finance
Authors: Harvey Rosen, Robert Guell, Ted Gayer
9th Edition
0073511358, 9780073511351
