X corporationrsquos outstanding bonds have a 1000 par value


X Corporation’s outstanding bonds have a $1,000 par value, a 6% semi annual coupon, 3 years to maturity and a 8% YTM. What is the bond’s price? If X Corporation needs to raise 2 million, how many bonds they need to issue?

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Financial Management: X corporationrsquos outstanding bonds have a 1000 par value
Reference No:- TGS01212952

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