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NPU issues 3 0 - year bonds at face value with 5 % cupon ( assume annual payment ) . 5 years later, market rates
NPU issues year bonds at face value with cupon assume annual payment years later, market rates have moved up to Answer the following: What is the "current yield" at year What is the price of the bond at year If NPU wanted to issue new bonds at face value in year what coupon rate would they be required to pay?
NPU issues year bonds at face value with cupon assume annual payment years later, market rates have moved up to Answer the following:
What is the "current yield" at year
What is the price of the bond at year
If NPU wanted to issue new bonds at face value in year what coupon rate would they be required to pay?
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