itsrenette6215 itsrenette6215
  • 21-10-2022
  • Business
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westco company issued 16-year bonds one year ago at a coupon rate of 7.2 percent. the bonds make semiannual payments and have a par value of $1,000. if the ytm on these bonds is 5.5 percent, what is the current price of the bond in dollars?

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