Compute the price of bonds for maturity dates


Problem: $1,000 par value bond outstanding that pays 9 percent annual interest. The current yield to maturity on such bonds in the market is 12 percent. Compute the price of the bonds for these maturity dates:

  • 30 years
  • 15 years
  • 1 year

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Finance Basics: Compute the price of bonds for maturity dates
Reference No:- TGS02057754

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