Darkhawk co issued 1000 face bonds with a 6 annual coupon


DarkHawk Co. issued $1000 face bonds with a 6% annual coupon in 2010. The bonds mature in 2040. Exactly 5 years later a company financially similar to DarkHawk, is preparing to issue 30 year $1000 face bonds with a 7% annual coupon. What will be DarkHawk bonds price in year 2015? A. $591.95 B. $853.13 C. $908.92 D. $465.50 E. $292.98

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Financial Management: Darkhawk co issued 1000 face bonds with a 6 annual coupon
Reference No:- TGS01260142

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