Question
Ninja Co. issued 12-year bonds a year ago at a coupon rate of 8.4 percent. The bonds make semiannual payments. If the YTM on these
| Ninja Co. issued 12-year bonds a year ago at a coupon rate of 8.4 percent. The bonds make semiannual payments. If the YTM on these bonds is 6.7 percent, what is the current bond price? (Round your answer to 2 decimal places. (e.g., 32.16)) |
| Current bond price | $ |
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Environmental Finance And Investments
Authors: Marc Chesney, Jonathan Gheyssens, Anca Claudia Pana, Luca Taschini
2nd Edition
366248174X, 978-3662481745
