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Homework answers / question archive / Byngaert Inc
Byngaert Inc. recently based moncallable bonds that mature in 15 years. They have a par value of $1,000 and an annual coupon of 5-7%. 11 the current market interest rate is 7.0%, at what price should the bonds sell? 10. 2,5775.81 11 b. 102.25 C51,040,28 OOOO 13 0 0 1881.60 1,013,84 14
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