Usf inc issued a 20 year bond at a coupon rate of 70


USF Inc. issued a 20 year bond at a coupon rate of 7.0 percent. The bond makes semi-annual payments and has a par value of $1000. If the YTM on this bond is 6.0 percent, what is the bond's current price?

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Financial Management: Usf inc issued a 20 year bond at a coupon rate of 70
Reference No:- TGS01401573

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