Lycan inc has 88 percent coupon bonds on the market that
Lycan, Inc., has 8.8 percent coupon bonds on the market that have 7 years left to maturity. The bonds make annual payments.
Required:
If the YTM on these bonds is 10.8 percent, what is the current bond price?
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lycan inc has 88 percent coupon bonds on the market that have 7 years left to maturity the bonds make annual
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