Ninja co issued 13-year bonds a year ago at a coupon rate


Ninja Co. issued 13-year bonds a year ago at a coupon rate of 7.9 percent. The bonds make semiannual payments. If the YTM on these bonds is 6.2 percent, what is the current bond price?

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Finance Basics: Ninja co issued 13-year bonds a year ago at a coupon rate
Reference No:- TGS0598818

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