Subject:FinancePrice:2.87 Bought7
Weismann Co. issued 9-year bonds a year ago at a coupon rate of 8 percent. The bonds make semiannual payments and have a par value of $1,000. If the YTM on these bonds is 8 percent, what is the current bond price? Multiple Choice
$1,000.00
$752.12
$1,470.09
$1,005.00
$1,010.00
Purchased 7 times