Darlyn companys bonds mature in 10 years have a par value, Ask an Expert

Finance

Darlyn Company's bonds mature in 10 years, have a par value of $1,000, and make an annual coupon interest payment of $45. The market requires an interest rate of 5.0% (yield to maturity = 5.0%) on these bonds. What is the bond's price?

$961.39

$613.91

$995.01

$1,000.00

$1,4443.78

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M91564417

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