Bernard co. has 9% coupon bonds on the market that have 13 years left to maturity....

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Bernard co. has 9% coupon bonds on the market that have 13 years left to maturity. The bonds will make annual payments. If the YTM on these bonds is 6%, what is the current bond price (in $ dollars)? (Assume the face value of the bond is $1,000) $ Bernard co. has 9% coupon bonds on the market that have 13 years left to maturity. The bonds will make annual payments. If the YTM on these bonds is 6%, what is the current bond price (in $ dollars)? (Assume the face value of the bond is $1,000) $

Answer rating: 100% (QA)

Current Bond Price Given Coupon rate C 9 Years to maturity n 13 Face ... View the full answer