What is the current value of the bonds

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Reference no: EM131537779

The bonds issued by Mayfield Hospital currently pay a 13% annual coupon, semi-annually. The bond yield to maturity is 12%. There are 30 years to maturity. The face value of the bonds is $1,000. What is the current value of the bonds? What type of bond is this?

Reference no: EM131537779

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