Blue lake inc has a 1000 par value a 15 year bond


Blue lake inc has a $1000 par value, a 15 year bond outstanding with an annual coupon rate of 6.6% per year, paid semi annually. Market interest rates on similar bonds are 8.6%. Calculate the bonds price today

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Financial Management: Blue lake inc has a 1000 par value a 15 year bond
Reference No:- TGS0981759

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