Business, 07.04.2020 23:04, JFrocks2480

Wesimann Co. issued 13-year bonds a year ago at a coupon rate of 8.5 percent. The bonds make semiannual payments and have a par value of $1,000. If the YTM on these bonds is 6.8 percent, what is the current bond price?

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Wesimann Co. issued 13-year bonds a year ago at a coupon rate of 8.5 percent. The bonds make semiann...