Compute the current price of the bonds

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Question - The Wild Rose Company has $1,000 par value (maturity value) bonds outstanding at 9 percent interest. The bonds will mature in 17 years with annual payments. Compute the current price of the bonds if the present yield to maturity is:

a. 7 percent

b. 8 percent

c. 13 percent

Reference no: EM133056186

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