Question: in 4 decimal places Question 8 1 points Save Answ. Bernard co. has 10% coupon bonds on the market that have 17 years left to

in 4 decimal places Question 8 1 points Save Answ. Bernard

in 4 decimal places

Question 8 1 points Save Answ. Bernard co. has 10% coupon bonds on the market that have 17 years left to maturity. The bonds will make annual payments. If the YTM on these bonds is 7%, what is the current bond price (in $ dollars)? (Assume the face value of the bond is $1,000) $_

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