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The bonds of Simons, Inc. carry a 89 monthly coupon and mature in six years. Bonds of equivalent risk yield 9.5% What is the market

The bonds of Simons, Inc. carry a 89 monthly coupon and mature in six years. Bonds of equivalent risk yield 9.5% What is the market value of Simons's bonds?

(4 points) The bonds of Simons, Inc. carry a 8% monthly coupon and mature in six years. Bonds of equivalent risk yield 9.5%. What is the market value of Simons's bonds?

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