If the ytm on these bonds is 8 percent what is the current


Grohl Co. issued 15 year bonds 3 years ago at a coupon rate of 5 percent. The bonds make semiannual payments. If the YTM on these bonds is 8 percent, what is the current bond price? Enter the answer with 2 decimals (e.g. 950.45)

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Finance Basics: If the ytm on these bonds is 8 percent what is the current
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