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Bond’s Current Market Price Assignment | Homework For You

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June 9th, 2020

Company XYZ’s bonds have 20 years remaining to maturity. Interest is paid annually; they have a $1,000 par value; the coupon interest rate is 5%; and the yield to maturity is 6%. What is the bond’s current market price? Group of answer choices. Get Finance homework help todayHomework For You

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