The Eagles Corp. issued a 20-year, 8% coupon bond on June 22, 2016 that will expire on

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The Eagles Corp. issued a 20-year, 8% coupon bond on June 22, 2016 that will expire on June 23, 2036. If today is June 22, 2021, and the yield to maturity is 12.6%, what price should you be willing to pay for this bond?

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Fundamentals of Financial Management

ISBN: 978-0324664553

Concise 6th Edition

Authors: Eugene F. Brigham, Joel F. Houston

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Posted Date: Jan 06, 2023 04:30 AM

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The Eagles Corp. issued a 20-year, 8% coupon bond on June 22, 2016 that will expire on

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Fundamentals of Financial Management

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