Compute the current price of the bonds


Barry's Steroids Company has $1000 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.11 percent

b.13 percent

c.16 percent

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Accounting Basics: Compute the current price of the bonds
Reference No:- TGS074040

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