Market price per bond
Oil Well Supply offers 7.5 percent coupon bonds with semiannual payments and a yield to maturity of 7.68 percent. The bonds mature in 6 years. What is the market price per bond if the face value is $1,000?
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Compute the following values and ratios for 2012. (We provide the results from 2011 for comparative purposes.) Working capital. (2011: $160,500)
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