Ninja co issued 15-year bonds a year ago at a coupon rate


Ninja Co. issued 15-year bonds a year ago at a coupon rate of 7.5 percent. The bonds make semiannual payments. If the YTM on these bonds is 5.8 percent, what is the current bond price?

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Finance Basics: Ninja co issued 15-year bonds a year ago at a coupon rate
Reference No:- TGS0621243

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