Dexter mills issued 25-year bonds two year ago at a coupon
Dexter Mills issued 25-year bonds two year ago at a coupon rate of 10 percent. The bonds make semi annual payments. The nominal annual yield-to-maturity on these bonds is 9 percent. What is the current bond price?
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dexter mills issued 25-year bonds two year ago at a coupon rate of 10 percent the bonds make semi annual payments the
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