They have a par value of 1000 and an annual coupon of 8 if
Noncallable bonds that mature in 21 years were recently issued by Sternglass Inc. They have a par value of $1,000 and an annual coupon of 8%. If the current market interest rate is 5%, at what price should the bonds sell?
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noncallable bonds that mature in 21 years were recently issued by sternglass inc they have a par value of 1000 and an
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