What is the current price of the bond

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Reference no: EM131020218

A management company has 10 percent coupon bonds on the market with fifteen (15) years left to maturity. The bonds make annual payments. If the bond currently sells for $1,200, what is its YTM?

American Airlines Corp. has bonds on the market with 10 years to ma turity, a yield to maturity of 9 percent and a coupon rate of 9 percent. If these bonds make quarterly coupon payments, what is the current price of the bond?

Reference no: EM131020218

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