Bond value the lone star company has 1000 par value bonds, Financial Management

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Bond value the lone star company has 1000 par value bonds

Bond value. The Lone Star Company has $1,000 par value bonds outstanding at 10 percent interest. The bonds will mature in 20 years. Compute the current price of the bonds if the present yield to maturity is:

a. 6 percent.

b. 9 percent.

c. 13 percent.

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Financial Management: Bond value the lone star company has 1000 par value bonds

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