Eagle Enterprises issued 10 year bonds in March 2014 with a face value of $1,000, paying semi-annual
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Eagle Enterprises issued 10 year bonds in March 2014 with a face value of $1,000, paying semi-annual coupons with a coupon rate of 6%, and a yield to maturity of 4%. It is now March 2017, what is the current price of the bond?
Related Book For
Corporate Finance
ISBN: 9781265533199
13th International Edition
Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe
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