Aloha Inc. has 7.1 percent coupon bonds on the market that have 22 years left to maturity. If the YTM on these bonds is

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answerhappygod
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Aloha Inc. has 7.1 percent coupon bonds on the market that have 22 years left to maturity. If the YTM on these bonds is

Post by answerhappygod »

Aloha Inc. has 7.1 percent coupon bonds on the market that have
22 years left to maturity. If the YTM on these bonds is 8.55
percent, what is the current bond price? (Do not round
intermediate calculations. Round your answer to 2 decimal
places.)
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