The bonds make annual coupon payments and have a face value
Question - Timmons Ltd has 9% coupon bonds on the market that have 12 years left to maturity. The bonds make annual coupon payments and have a face value of $1,000. If the YTM on these bonds is 8%, what is the current bond price?
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question - timmons ltd has 9 coupon bonds on the market that have 12 years left to maturity the bonds make annual
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