Business
Business, 10.08.2021 20:50, andybiersack154

OMT Inc. is planning to issue a $1,000 face-value bond with an annual coupon rate of 7% that matures in 10 years. TRU is planning to pay semi-annual interest payments. Similar OMT bonds are quoting at 98.5% of par. What is the price that bond holders will pay for this bond

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OMT Inc. is planning to issue a $1,000 face-value bond with an annual coupon rate of 7% that matures...

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