They mature in 15 years and their ytm is currently 14 what, Financial Management

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They mature in 15 years and their ytm is currently 14 what

Bat Company's BBB-rated bonds have the standard par value of $1,000 and offer a 9% semiannual coupon. They mature in 15 years, and their YTM is currently 14%. What is the price of a Bat Company Bond?

A) $1,182.16

B) $1,154.18

C) $794.53

D) $692.89

E) $689.77

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Financial Management: They mature in 15 years and their ytm is currently 14 what

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Financial Management: They mature in 15 years and their ytm is currently 14 what

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