Five years ago camaro corp issued semiannually payable, Financial Management

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Five years ago camaro corp issued semiannually payable

Five years ago Camaro Corp. issued semiannually payable bonds with a maturity of 15 years and an annual coupon of 7%. The bonds were issued at par. Today the YTM of these bonds is 5%. What is the current price of the bonds as a percentage of their par value?

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Financial Management: Five years ago camaro corp issued semiannually payable

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