question archive Harry Corporation issued 15-year bonds one year ago at a coupon rate of 6
Harry Corporation issued 15-year bonds one year ago at a coupon rate of 6
Subject:Electrical EngineeringPrice: Bought3
Harry Corporation issued 15-year bonds one year ago at a coupon rate of 6.1 percent. The bond make semi-annual payments. If the Yield -to-Maturity (YTM) on these bonds is 5.3 percent, what is the current dollar price assuming a $1,000 par value?
