Ninja co issued 15-year bonds a year ago at a coupon rate


Ninja Co. issued 15-year bonds a year ago at a coupon rate of 8.1 percent. The bonds make semiannual payments. If the YTM on these bonds is 6.4 percent, what is the current bond price?

Request for Solution File

Ask an Expert for Answer!!
Finance Basics: Ninja co issued 15-year bonds a year ago at a coupon rate
Reference No:- TGS0596911

Expected delivery within 24 Hours