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What should gm bond sell for now

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GM issued a $ 1,000, 30-year bond 5 years ago at 9 % interest. Comparable bonds yield 6 % today. What should GM' bond sell for now?

Reference no: EM132504420

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What should gm bond sell for now : GM issued a $ 1,000, 30-year bond 5 years ago at 9 % interest. Comparable bonds yield 6 % today. What should GM' bond sell for now?
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