Mathematics, 04.11.2020 19:00 ashtonviceoxd21i

Vulcan, Inc., has 8 percent coupon bonds on the market that have 8 years left to maturity. The bonds make annual payments and have a par value of $1,000. If the YTM on these bonds is 10 percent, what is the current bond price? (Do not round intermediate calculations and round your answer to 2 decimal places, e. G., 32.16.)

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Vulcan, Inc., has 8 percent coupon bonds on the market that have 8 years left to maturity. The bonds...