What is the current bond price for ninja co


Question:

Ninja Co. issued 19-year bonds a year ago at a coupon rate of 6.9 percent. The bonds make semiannual payments. If the YTM on these bonds is 5.2 percent, what is the current bond price? Assume a face value of $1,000

Request for Solution File

Ask an Expert for Answer!!
Accounting Basics: What is the current bond price for ninja co
Reference No:- TGS02054595

Expected delivery within 24 Hours