Find the current market price of the bonds if the present
The Company has $1,000 par value bonds outstanding at 4% interest with a 20 year maturity. Find the current market price of the bonds if the present yield to maturity is (1) 6 percent; (2) 8 percent; and (3) 12 percent.
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the company has 1000 par value bonds outstanding at 4 interest with a 20 year maturity find the current market price of
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