What is the current bond price for ninja co
Question:
Ninja Co. issued 19-year bonds a year ago at a coupon rate of 6.9 percent. The bonds make semiannual payments. If the YTM on these bonds is 5.2 percent, what is the current bond price? Assume a face value of $1,000
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The bonds make semiannual payments. If the YTM on these bonds is 5.2 percent, what is the current bond price?
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