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need help with 23 Question 2 Southwest Airlines currently has outstanding bonds issued in 1999 with original maturity of 30 years, coupon rate of 7.4%
need help with 23
Question 2 Southwest Airlines currently has outstanding bonds issued in 1999 with original maturity of 30 years, coupon rate of 7.4% paid annually, and par value of $1,000. In a recent 2022 trade, the bonds had a yield of 4.5%. What was the prevailing price during that trade? $1,170.89 $1,472.38 $845.87 $654.42 Previous Page Next Page Page 23 of 28 Step by Step Solution
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