Emacs co issued 13-year 1000 face value bonds one year ago


1. Emacs Co. issued 13-year, $1,000 face value bonds one year ago at a coupon rate of 9.7 percent. The bonds make semiannual payments. If the YTM on these bonds is 7.4 percent, what is the current bond price?

2. A $1000 face value bond has two years left to maturity, 7.9% coupon rate with annual coupons, and is currently trading at $933. What is the YTM on this bond?

Enter answer in percents, accurate to 2 decimal places.

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Financial Management: Emacs co issued 13-year 1000 face value bonds one year ago
Reference No:- TGS01391110

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