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Business, 13.06.2020 05:57 joelpimentel
The Lone Star Company has $1,000 par value bonds outstanding at 10 percent interest. The bonds will mature in 20 years. Compute the current price of the bonds if the present yield to maturity is: a) 6 percent b) 9 percent c) 13 percent. ( Round your final answers to 2 decimal places. Assume interest payments are annual.)
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The Lone Star Company has $1,000 par value bonds outstanding at 10 percent interest. The bonds will...
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