Rockne inc has outstanding bonds that will mature in six, Financial Management

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Rockne inc has outstanding bonds that will mature in six

Rockne, Inc., has outstanding bonds that will mature in six years and pay an 8 percent coupon semiannually. If you paid $1,113.71 today and your required rate of return was 5.15 percent. (Round intermediate calculations to 5 decimal places, e.g. 1.25145 and final answer to 2 decimal places, e.g. 15.25.)

Worth of the bond $

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Financial Management: Rockne inc has outstanding bonds that will mature in six

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