Business, 24.03.2020 17:32, johnnyhalusewa

Roadside Markets has 8.45 percent coupon bonds outstanding that mature in 10 years. The bonds pay interest semiannually. What is the market price per bond if the face value is $1,000 and the yield to maturity is 7.2 percent?

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Roadside Markets has 8.45 percent coupon bonds outstanding that mature in 10 years. The bonds pay in...