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Problem:

Nungesser Corporation's outstanding bonds have a $1,000 par value, a 6% semiannual coupon, 19 years to maturity, and an 9.5% YTM.

Required:

Question: What is the bond's price?

Note: Show all workings.

Accounting Basics, Accounting

  • Category:- Accounting Basics
  • Reference No.:- M91170447

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