The 9 year 1 , 0 0 0 par bonds of Vail Inc.pay 1 5 percent interest.
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Question:
The year par bonds of Vail Inc.pay percent interest. The markets required yield to maturity on a comparable risk bond is percent. The current market price fot the bond is
What is the yiels to maturity?
What is the value of the bonds to you given the yield to maturity on a comparable risk bind?
Should you purchase the bond at the current market price?
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