February 26, 2017

Homework Help: FINANCE

Posted by Mel on Tuesday, September 18, 2007 at 7:14pm.

Bond valuation
Nungesser Corporation’s outstanding bonds have a $1,000 par value, a 9 percent semiannual coupon, 8 years to maturity, and an 8.5 percent YTM. What is the bond’s price?

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