What is the current dollar price in given case

Reference no: EM131948185

Question: Bond Prices. Harrison Co. issued 15-year bonds one year ago, at a coupon rate of 6.1 percent. The bonds make semiannual payments. If the YTM on these bonds is 5.3 percent, what is the current dollar price assuming a $1,000 par value? The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

Reference no: EM131948185

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