What is the current bond price

Reference no: EM131000466

App Store Co. issued 13-year bonds one year ago at a coupon rate of 8 percent. The bonds make semiannual payments.

If the YTM on these bonds is 5.7 percent, what is the current bond price?

Reference no: EM131000466

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What is the current bond price : App Store Co. issued 13-year bonds one year ago at a coupon rate of 8 percent. The bonds make semiannual payments. If the YTM on these bonds is 5.7 percent, what is the current bond price?

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