Tiango has 9 percent coupon bonds on the market with five 5, Ask an Expert

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Tiango. has 9 percent coupon bonds on the market with five (5 ) years left until maturity. These bonds make annual payments.

If the yield to maturity on t he bond is 8 percent, what is the current price of the bond?

What would be the pr ice of the bond if the yield fell to 7 percent?

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M91736234

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