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What is current bond price in dollars Westco Company issued 13-year bonds a year ago at a coupon rate of 8.5 percent The bonds make
What is current bond price in dollars
Westco Company issued 13-year bonds a year ago at a coupon rate of 8.5 percent The bonds make semiannual payments and have a par value of $1,000. If the YTM on these bonds is 6.8 percent. what is the current bond price in dollars? (DO not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) tnnd price
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