Compute the price of the bonds for these maturity

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Question - The Victoria Telephone Company has a $1,000 par value bond outstanding that pays 12 percent Interest with annual payments. The current yield to maturity on such bonds In the market Is 15 percent. Compute the price of the bonds for these maturity dates

a. 30 Years

b. 18 Years

c. 4 Years

Reference no: EM133159710

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