Bond valuation

Nungesser Corporation’s outstanding bonds have a $1,000 par value, a 9 percent semiannual coupon, 8 years to maturity, and an 8.5 percent YTM. What is the bond’s price?

1 answer

1060

Ask a New Question or answer this question.

Similar Questions

Bond ConversionThe tramot corporation has $2,000,000 of 6 percent bonds outstanding. There is $40,000 of unamoritized discount
1. 1 answer
United Technology Corporation (UTC) has $40 million of convertible bonds outstanding (40,000 bonds at $1,000 par value) with a
1. 0 answers
Kuai,I need help in this part: Debt: 227,000 7.4 percent coupon bonds outstanding, 25 years to maturity, selling for 109 percent
1. 0 answers
1. Yest Corporation's bonds have a 15-year maturity, a 7% semiannual coupon, and a par value of $1,000. The market interest rate
1. 1 answer