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The Tonald Drump Real Estate Inc. issued a 20 year maturity bond on December 09, 2009. The bond had a 8% coupon, $10,000 face value
The Tonald Drump Real Estate Inc. issued a 20 year maturity bond on December 09, 2009. The bond had a 8% coupon, $10,000 face value and a 10% YTM. How much should be the price of this bond today (December 09, 2020)? How much will be this bond worth December 09, 2025?
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