Business, 23.03.2021 03:00, pr47723

A company issued 5%, 20-year bonds with a face amount of $100 million. The market yield for bonds of similar risk and maturity is 4%. Interest is paid semiannually. At what price did the bonds sell

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A company issued 5%, 20-year bonds with a face amount of $100 million. The market yield for bonds of...