Harrison co issued 14-year bonds one year ago at a coupon


Harrison Co. issued 14-year bonds one year ago at a coupon rate of 6.9 percent. The bonds make semiannual payments. If the YTM on these bonds is 5.5 percent, what is the current dollar price assuming a $1,000 par value?

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Financial Management: Harrison co issued 14-year bonds one year ago at a coupon
Reference No:- TGS01718683

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