shanrogers2017 shanrogers2017

26-04-2020
Business

contestada

Moerdyk Corporation's bonds have a 15-year maturity, a 7.25% semiannual coupon, and a par value of $1,000. The current interest rate is 5.00%. What is the bond’s price? (Write down the parameters you enter into the financial calculator.)

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celinavelasquez1 celinavelasquez1

26-04-2020

Well the bond price is 1,000.88

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