(Answered) Suppose gomas enterprises has issued a bond that pays 11

Finance

Suppose Gomas Enterprises has issued a bond that pays 11% interest ($55 semiannual coupons), and the current YTM is 9%.

If the bond matures in 20 years, compute its current price. What if the bond matures in 1 year?

The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

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