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Business, 04.03.2020 23:31 aesthetickait

Crossdyme Corporation issued 30-year, noncallable, 8.5% annual coupon bonds at their par value of $1,000 one year ago. Today, the market interest rate on these bonds is 10%. What is the current price of the bonds, given that they now have 29 years to maturity

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Crossdyme Corporation issued 30-year, noncallable, 8.5% annual coupon bonds at their par value of $1...
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