Mathematics, 04.10.2021 14:00 ashleymunoz928

Weismann Co. issued 15- y ear bonds a y ear a g o at a cou p on rate of 4.9 p ercent. The bonds make semiannual p a y ments and have a p ar value of $ 1,000. If the YTM on these bonds is 4.5 p ercent, what is the current bond p rice?

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Weismann Co. issued 15- y ear bonds a y ear a g o at a cou p on rate of 4.9 p ercent. The bonds make...