Bond value-the hartford telephone company has 1000 par, Financial Management

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Bond value-the hartford telephone company has 1000 par

Bond value (LO3) The Hartford Telephone Company has a $1,000 par value bond outstanding that pays 11 percent annual interest. The current yield to maturity on such bonds in the market is 14 percent. Compute the price of the bonds for these maturity dates: 30 years.

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Financial Management: Bond value-the hartford telephone company has 1000 par

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