Question: Question Completion Status: Moving to another question will save this response Question 29 Question 29 13 points Five years ago, Tesla Corporation issued 30-year, noncallable,

 Question Completion Status: Moving to another question will save this response

Question Completion Status: Moving to another question will save this response Question 29 Question 29 13 points Five years ago, Tesla Corporation issued 30-year, noncallable, 8.0 annual coupon bonds at their par value of 61,000 one year ago. Today, the market interest rate on these bonds 19 6.5+. What is the current price of the bonds, given that they now have 25 years to maturity? TTT Anal 3(12pt) T. MIL

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