Ninja co issued 10-year bonds a year ago at a coupon rate


Ninja Co. issued 10-year bonds a year ago at a coupon rate of 8.8 percent. The bonds make semi-annual payments. If the YTM on these bonds is 7.1 percent, what is the current bond price? Also how would I enter this in a finical?

Request for Solution File

Ask an Expert for Answer!!
Financial Management: Ninja co issued 10-year bonds a year ago at a coupon rate
Reference No:- TGS0980373

Expected delivery within 24 Hours