Question: Problem 7 - 1 0 Valuing Bonds [ LO 2 ] Yan Yan Corporation has a $ 5 , 0 0 0 par value bond
Problem Valuing Bonds LO
Yan Yan Corporation has a $ par value bond outstanding with a coupon rate of percent paid semiannually and years to maturity. The yield to maturity on this bond is percent. What is the dollar price of the bond? Do not round intermediate calculations and round your answer to decimal places, eg
Bond price
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