Question: Problem 6-6 Bond Prices [LO 2] App Store Co. Issued 13-year bonds one year ago at a coupon rate of 6.5 percent. The bonds make

Problem 6-6 Bond Prices [LO 2] App Store Co. Issued 13-year bonds one year ago at a coupon rate of 6.5 percent. The bonds make semiannual payments Required: the YTM on thene bonds in 5.4 percent, what is the current bond price? (Do not found intermediate calculations. Round your answer to 2 decimal places (0.9. 32. 161) Current hond price References eBook & Resources Worksheet Dimcully Basic Problem 6-6 Bond Prices [LO 2] Leaming Objective 06-02 Describe bond values and why they Nuctuate Check my work

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