Question: Chapter 6 Homework Saved Help Save CH Dufner Co. issued 15-year bonds one year ago at a coupon rate of 8.4 percent. The bonds make

 Chapter 6 Homework Saved Help Save CH Dufner Co. issued 15-year

Chapter 6 Homework Saved Help Save CH Dufner Co. issued 15-year bonds one year ago at a coupon rate of 8.4 percent. The bonds make semiannual payments. If the YTM on these bonds is 53 percent, what is the current dollar price assuming a $1.000 par value? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g.. 32.16.) points Current bond price eBook

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