Yan Yan Corp. has a $2,000 par value bond outstanding

Yan Yan Corp. has a $2,000 par value bond outstanding

Question # 00491949 Posted By: katetutor Updated on: 02/28/2017 01:47 AM Due on: 02/28/2017
Subject Finance Topic Finance Tutorials:
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Yan Yan Corp. has a $2,000 par value bond outstanding with a coupon rate of 5.1 percent paid semiannually and 29 years to maturity. The yield to maturity on this bond is 4.2 percent.

What is the price of the bond?

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    Tutorial # 00488425 Posted By: katetutor Posted on: 02/28/2017 01:47 AM
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