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Price of the Bond Assignment | Homework For You

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May 23rd, 2020

Tyson Corporation has an outstanding issue of 25-year maturity corporate bond with face value of $1,000 and a coupon of 4%, paying coupon interest semi-annually. If the market rate of interest (YTM) is 6% on similar risk bonds, at what price would this bond trade in the market. Get Finance homework help todayHomework For You

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