ntshepeng7542 ntshepeng7542
  • 23-05-2023
  • Business
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ernard co. has 7% coupon bonds on the market that have 15 years left to maturity. The bonds will make annual payments. If the YTM on these bonds is 9%, what is the current bond price (in $)? (assume the face value of the bond is $1000)

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