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Valuing a Corporate Bond Dupont issued a 30 year maturity bonds with a coupon rate of 7.95%. Interest is paid semi-annually These bonds currently have

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Valuing a Corporate Bond Dupont issued a 30 year maturity bonds with a coupon rate of 7.95%. Interest is paid semi-annually These bonds currently have 28 years remaining to maturity and are rated AA. The bonds have a par value of $1000 Newly issued AA bonds with maturities greater than 10 years are currently yielding 7.73% What is the value of Dupont bond today

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