The bond is currently selling for 900 par value of the bond


Dan is considering the purchase of super tech bonds that were issued 9 years ago. When the bonds were originally sold they had a 21 year maturity and a 6.54 % coupon interest rate, paid annually. The bond is currently selling for 900 par value of the bond is 1,000/ what is the yield to maturity on the bonds if you purchased the bond today

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Finance Basics: The bond is currently selling for 900 par value of the bond
Reference No:- TGS02381738

Now Priced at $10 (50% Discount)

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