Perrys pizzeria issued 21-year annual coupon bonds one year


Perry's Pizzeria issued 21-year annual coupon bonds one year ago at a coupon rate of 7 percent. If the YTM on these bonds is 8.91 percent, what is the current bond price?

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Financial Management: Perrys pizzeria issued 21-year annual coupon bonds one year
Reference No:- TGS01212173

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