The yield to maturity is 77 percent and the bond matures in


Gugenheim, Inc., has a bond outstanding with a coupon rate of 6.5 percent and annual payments. The yield to maturity is 7.7 percent and the bond matures in 21 years. What is the market price if the bond has a par value of $2,000?

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Finance Basics: The yield to maturity is 77 percent and the bond matures in
Reference No:- TGS02546648

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