Find out the current bond price, Accounting Basics

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Find out the current bond price

Problem:

Ninja co. issued 13 year bonds a year ago at a coupon rate of 7.9 percent. The bonds make semi-annual payments. If the YTM on these bonds is 6.2 percent.

Required:

Question: What is the current bond price?

Note: Please answer in proper manner and show all computations

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Accounting Basics: Find out the current bond price

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Accounting Basics: Find out the current bond price

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