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I did the equation but no matter how I solved it the answer isn't the same pls help! Weismann Company issued 17 year bonds a
I did the equation but no matter how I solved it the answer isn't the same pls help!
Weismann Company issued 17 year bonds a year ago at a coupon rate of 11 percent. The bonds make semiannual payments and have a par value of $1,000. If the YTM on these bonds is 12 percent, what is the current bond price? Multiple Choice $952.61 $1,849.04 $929.58 $939.58 $586.82Step by Step Solution
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