Sqeekers co issued 12-year bonds a year ago at a coupon


Sqeekers Co. issued 12-year bonds a year ago at a coupon rate of 7.8 percent. The bonds make semi annual payments and have a par value of $1,000. If the YTM on these bonds is 6.1 percent, what is the current bond price?

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Financial Management: Sqeekers co issued 12-year bonds a year ago at a coupon
Reference No:- TGS01174627

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