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Ivanhoe Corp. has 18 -year bonds outstanding. These bonds, which pay interest semiannually, have a coupon rate of 10.965 percent and a yield to maturity
Ivanhoe Corp. has 18 -year bonds outstanding. These bonds, which pay interest semiannually, have a coupon rate of 10.965 percent and a yield to maturity of 9.6 percent. Assume face value is $1,000. Problem 8.30(a) Compute the current price of these bonds. (Round answer to 2 decimal places, e.g. 15.25.) Current price $ eTextbook and Media Attempts: unlimited Problem 8.30(b) The parts of this question must be completed in order. This part will be available when you complete the part above. Problem 8.30(c) The parts of this question must be completed in order. This part will be available when you complete the part above
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