Aloha inc has 5 percent coupon bonds on the market that, Ask an Expert

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Aloha Inc. has 5 percent coupon bonds on the market that have 4 years left to maturity. If the YTM on these bonds is 6.32 percent, what is the current bond price? (Do not round intermediate calculations. Round your answer to 2 decimal places. Omit the "$" sign in your response.)

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M91590393

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