If the ytm on these bonds is now 53 what is the current


Mount Shank Ltd issued bonds several years ago which now have 14 years to maturity. The bonds have a face value of $200,000 and make half-yearly coupon payments at 6.5% p.a. If the YTM on these bonds is now 5.3%, what is the current bond price?

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Finance Basics: If the ytm on these bonds is now 53 what is the current
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