Cisco has issued an 7 20-year bond with a par value of 1000


Cisco has issued an 7%, 20-year bond with a par value of 1000$ that pays interest quarterly. If the yield to maturity 8.5%, what is the price of the bond?

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Financial Management: Cisco has issued an 7 20-year bond with a par value of 1000
Reference No:- TGS01091469

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