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i need this problem worked out with the steps amd formula shown please 6. Bond Prices [LO2] Westco Co. issued 15-year bonds a year ago
i need this problem worked out with the steps amd formula shown please 
6. Bond Prices [LO2] Westco Co. issued 15-year bonds a year ago at a coupon rate of 5.4 percent. The bonds make semiannual payments and have a par value of $1,000. If the YTM on these bonds is 4.5 percent, what is the current price of the bond in dollars Step by Step Solution
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Financial Management Principles And Practice
Authors: Timothy Gallagher
6th Edition
1930789157, 978-1930789159
