asked 12.7k views
4 votes
Callaghan motors' bonds have 10 years remaining to maturity. interest is paid annually; they have a $1,000 par value; the coupon interest rate is 8 percent; and the yield to maturity is 9 percent. what is the bond's current market price?

asked
User Beenish
by
8.0k points

1 Answer

5 votes
My answered be 20,000
answered
User Gatecat
by
7.5k points
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