Question
Ww Corp., issued 23 year bonds 4 years ago at a coupon rate of 9 percent. The bonds make semiannual payments. If the YTM on
Ww Corp., issued 23 year bonds 4 years ago at a coupon rate of 9 percent. The bonds make semiannual payments. If the YTM on these bonds is 12 percent, what is the current bond price? Enter the answer with 2 decimals (e.g. 950.45)
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Essentials Of Managerial Finance
Authors: Scott Besley, Eugene F. Brigham
12th Edition
0030258723, 9780030258725
