Business, 09.11.2019 02:31 fordd4

Five years ago, simpson warehouses inc. issued twentyminusfiveminusyear 10% annual coupon bonds with a $1,000 face value each. since then, interest rates in general have risen and the yield to maturity on the thompson bonds is now 12%. given this information, what is the price today for a thompson tarps bond?

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Five years ago, simpson warehouses inc. issued twentyminusfiveminusyear 10% annual coupon bonds with...