Market Price of the Bond Assignment | Homework For You
June 3rd, 2020
Gugenheim, Inc., has a bond outstanding with a coupon rate of 6.2 percent and annual payments. The yield to maturity is 7.4 percent and the bond matures in 18 years. What is the market price if the bond has a par value of $2,000?
$1,770.44 | ||
$1,768.11 | ||
$1,800.71 | ||
$1,765.40 | ||
$1,763.36 |
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