Question
The bonds of Amalgamated Consolidated make annual interest payments of 36 per year and have a par value of $1,000. These bonds mature in 14
The bonds of Amalgamated Consolidated make annual interest payments of 36 per year and have a par value of $1,000. These bonds mature in 14 years. Assuming the bonds have a yield to maturity of 6.3%, what is the current bond price. $753.63 $ 806.39 $ 678.27 $ 708.41 $ 731.02
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Corporate Finance Reader
Authors: Robert W. Kolb
2nd Edition
1878975536, 978-1878975539
