simon corporations bonds have 12 years left over, Financial Accounting

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simon corporations bonds have 12 years left over

Simon Corporation's bonds have 12 years left over to maturity. Interest is paid yearly, the bonds have a $1,000 par value, and the coupon interest rate is 11.5%. The bonds have a yield to maturity of 13%. What is the present market price of these bonds?

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Financial Accounting: simon corporations bonds have 12 years left over

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Financial Accounting: simon corporations bonds have 12 years left over

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