Question
Kasey Corp. has a bond outstanding with a coupon rate of 5.7 percent and semiannual payments. The bond has a yield to maturity of 4.7
Kasey Corp. has a bond outstanding with a coupon rate of 5.7 percent and semiannual payments. The bond has a yield to maturity of 4.7 percent, a par value of $1,000, and matures in 22 years. What is the quoted price of the bond?
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Financial Performance
Authors: Marc Bertoneche, Rory Knight
1st Edition
0750640111, 978-0750640114
