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Problem:

Schallheim Corporation's outstanding bonds have a $1,000 par value, a 13% semiannual coupon, 11 years to matuirity, and an 11.5% yield to maturity,

Required:

Question: What is the bond price?

Note: Please show how you came up with the solution.

Basic Finance, Finance

  • Category:- Basic Finance
  • Reference No.:- M91149367

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