Two years ago the nine-inch nails company issues a 1000


Two years ago, the Nine-Inch Nails Company issues a $1,000 face value, 22 -year zero coupon bond, with 13.60 yield to maturity. Assuming no change in YTM, what is the current price of the bond?

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Finance Basics: Two years ago the nine-inch nails company issues a 1000
Reference No:- TGS02262134

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