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Rainbow [258]
3 years ago
9

Lycan, Inc., has 8.8 percent coupon bonds on the market that have 7 years left to maturity. The bonds make annual payments and h

ave a par value of $1,000. If the YTM on these bonds is 10.8 percent, what is the current bond price
Business
1 answer:
guapka [62]3 years ago
8 0
<span>The bonds make annual payments and have a par value of $1,000.</span>
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