Business, 22.07.2020 19:01, alenardbms7436

The bonds of CYTK, Inc. carry a 12% annual coupon, have a $1,000 face value, and mature in 5 years. Bonds of equivalent risk yield 9%. What is the market value of CYTK bonds

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The bonds of CYTK, Inc. carry a 12% annual coupon, have a $1,000 face value, and mature in 5 years....