Ninja co issued 15-year bonds a year ago at a coupon rate


Question: Ninja Co. issued 15-year bonds a year ago, at a coupon rate of 8.1 percent. The bonds make semiannual payments. If the YTM on these bonds is 6.4 percent, what is the current bond price? (Round your answer to 2 decimal places, (e.g., 32.16)) The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

Request for Solution File

Ask an Expert for Answer!!
Finance Basics: Ninja co issued 15-year bonds a year ago at a coupon rate
Reference No:- TGS02812357

Expected delivery within 24 Hours