pm.3 The Coke Company's semi - annual coupon bonds mature in 10 years, have a par value of Sl, 000 and a coupon rate of 8% p.a. The annual YTM for the bondsis 9% . What is the price of these bonds in one year if YTM remains the same? S979.53 S964.41 S934.96 S679.12 S939.20
pm.3 The Coke Company's semi - annual coupon bonds mature in 10 years, have a par value of Sl, 000 and a coupon rate of 8% p.a. The annual YTM for the bondsis 9% . What is the price of these bonds in one year if YTM remains the same? S979.53 S964.41 S934.96 S679.12 S939.20
Intermediate Financial Management (MindTap Course List)
13th Edition
ISBN:9781337395083
Author:Eugene F. Brigham, Phillip R. Daves
Publisher:Eugene F. Brigham, Phillip R. Daves
Chapter4: Bond Valuation
Section: Chapter Questions
Problem 1P
Related questions
Question
pm.3
The Coke Company's semi - annual coupon bonds mature in 10 years, have a par value of Sl, 000 and a coupon rate of 8% p.a. The annual YTM for the bonds
is 9% . What is the price of these bonds in one year if YTM remains the same? S979.53 S964.41 S934.96 S679.12 S939.20
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