Investors in trek star debt currently seek an 900 return, Financial Management

Investors in trek star debt currently seek an 900 return

Skywalker Corporation has bonds trading in the secondary market that mature in 15.00 years. Each bond pays an annual coupon of $93.00 with a face value of $1,000. Investors in Trek Star debt currently seek an 9.00% return. What is the current trading price for Skywalker bonds?

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Financial Management: Investors in trek star debt currently seek an 900 return

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Financial Management: Investors in trek star debt currently seek an 900 return

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