The lone star company has 1000 par value bonds outstanding
Question: The Lone Star Company has $1,000 par value bonds outstanding at 9 percent interest. The bonds will mature in 20 years. Compute the current price of the bonds if the present yield to maturity is:
a. 6 percent.
b. 8 percent.
c. 12 percent.
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question the lone star company has 1000 par value bonds outstanding at 9 percent interest the bonds will mature in 20
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