Ibm corporation just issued a bond issue the yield to, Financial Management

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Ibm corporation just issued a bond issue the yield to

IBM corporation just issued a bond issue. It has a maturity date of 10 years There is a par value of $1,000 It carries a coupon interest rate of 6.60% Interest is paid on a semi-annual basis. The yield to maturity on this bond is 8.80% what is the current value of this bond?

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