Kordyk corporations bonds have a 15-year maturity a 82
Kordyk Corporation's bonds have a 15-year maturity, a 8.2% semiannual coupon, and a par value of $1,000. The going interest rate (YTM) is 8.0%, based on semiannual compounding. What is the bond’s price?
$674.74
$1,017.29
$977.90
$966.24
$1,034.58
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