Compute the current price of the bonds


Barry's Steroids Comapny has $1,000 par value bonds outstanding at 12 percent interest. The bonds will mature in 50 years. Compute the current price of the bonds if the percent yield to maturity is:

a) 4 Percent

b) 6 Percent

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Accounting Basics: Compute the current price of the bonds
Reference No:- TGS072215

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