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What is the current price of these ramped streetwear bonds

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Problem 1: Ramped Streetwear just issued a $1000 par value bond with a 18.49% coupon rate semi-annual payments). The bond matures in 19 years. If the yield to maturity on this bond is 13.9%. what is the current price of these Ramped Streetwear bonds?

Reference no: EM132807855

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