Question
Western Digital Corp issues a 10 percent coupon bond with 8 years maturity and $1,000 face (par) value. If the yield to maturity of this
Western Digital Corp issues a 10 percent coupon bond with 8 years maturity and $1,000 face (par) value. If the yield to maturity of this bond is 12 percent, find the bond's price.
Group of answer choices
$876.79
$900.65
$1,178.28
$720.52
none of the answers is correct
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Foundations Of Financial Management
Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen
18th Edition
126409762X, 9781264097623
