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Business, 27.08.2019 00:30 flaco0811

Kilgore natural gas has a $1,000 par value bond outstanding that pays 10 percent annual interest. the current yield to maturity on such bonds in the market is 11 percent. use appendix b and appendix d for an approximate answer but calculate your final answer using the formula and financial calculator methods. compute the price of the bonds for these maturity dates: (do not round intermediate calculations. round your final answers to 2 decimal places. assume interest payments are annual.) bond price a. 40 years $ b. 17 years $ c. 8 years $

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Kilgore natural gas has a $1,000 par value bond outstanding that pays 10 percent annual interest. th...
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