Nungesser corporations outstanding bonds have a 1000 par


Bond valuation

Nungesser Corporation's outstanding bonds have a $1,000 par value, a 11% semi-annual coupon, 7 years to maturity, and an 10.5% YTM. What is the bond's price? Round your answer to the nearest cent

Yield to maturity

A firm's bonds have a maturity of 12 years with a $1,000 face value, have an 11% semiannual coupon, are callable in 6 years at $1,209, and currently sell at a price of $1,366.91.

What is their nominal yield to maturity? Round your answer to two decimal places.

What is their nominal yield to call? Round your answer to two decimal places.

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Financial Management: Nungesser corporations outstanding bonds have a 1000 par
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