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valley inc. has 7.5% coupon bonds on the market that have been ten years left to maturity. the bonds make annual payment

Posted: Wed May 18, 2022 10:20 pm
by answerhappygod
valley inc. has 7.5% coupon bonds on the market that have been
ten years left to maturity. the bonds make annual payments. if the
ytm on these bonds is 8.75%, what is the current bond price?