mackmadd6050 mackmadd6050

27-02-2024
Business

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Marconi Corporation issued 30-year semi-annual 14% coupon bonds. If the current yield to maturity is 8%, what is the firm's current bond price?
a) $1,132.36
b) $1,250.00
c) $1,499.79
d) $1,632.36

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