Nungesser corporation has issued bonds that have a 9


Nungesser Corporation has issued bonds that have a 9 percent coupon rate, payable semiannually. The bonds mature in 8 years, have a face value of $1,000, and a yield to maturity of 8.5 percent. What is the price of the bonds?

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Finance Basics: Nungesser corporation has issued bonds that have a 9
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