Shadow inc issued a 30-year bond 6 years ago with a coupon


Shadow, Inc. issued a 30-year bond 6 years ago with a coupon rate of 6.25% and a face/par value of $1,000. The bonds make semiannual coupon payments. If today's YTM on these bonds is 5.50%, what should be the current bond price?

  • $907.40.
  • $1,098.64.
  • $1,099.28.
  • $1,109.00.
  • $1,109.58.

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Finance Basics: Shadow inc issued a 30-year bond 6 years ago with a coupon
Reference No:- TGS02224680

Now Priced at $10 (50% Discount)

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