Renfro Rentals has issued bonds that have a 7.9% coupon rate, payable semi-annually. The bonds mature in 8 years, have a face value of $1,000,
Renfro Rentals has issued bonds that have a 7.9% coupon rate, payable semi-annually. The bonds mature in 8 years, have a face value of $1,000, and a yield to maturity of 8.5%. What is the price of the bonds
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Authors: Bruce Tuckman, Angel Serrat
3rd Edition
0470891696, 978-0470891698
