Packman inc issued 20 yer-maturity bonds 8 years ago at par
Packman Inc issued 20 yer-maturity bonds 8 years ago at par value. The coupon rate on the bonds is 7% paid semi annually if the required rate of return on the bonds is 8.4% what is the valye of the bonds today?
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packman inc issued 20 yer-maturity bonds 8 years ago at par value the coupon rate on the bonds is 7 paid semi annually
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