What is the current price of the old bonds would be for a


What is the current price of the old bonds would be for a previously issued bonds in the market place. Do the example based on $1000 bond using semiannual analysis. As specified in the case, the bonds have 15 years remaining. The interest rate at the time of issue was 11.50 percent, but is now 10 percent.

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Finance Basics: What is the current price of the old bonds would be for a
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