BDJ Co. has a $5,000 par value bond outstanding with a coupon rate of 4.6% paid semiannually and 21 years to maturity. T
Posted: Wed May 18, 2022 10:20 pm
BDJ Co. has a $5,000 par value bond outstanding with a
coupon rate of 4.6% paid semiannually and 21 years to maturity. The
yield to maturity on this bond is 4.6%. What is the price of
the bond? Round your answer to two decimal places.
coupon rate of 4.6% paid semiannually and 21 years to maturity. The
yield to maturity on this bond is 4.6%. What is the price of
the bond? Round your answer to two decimal places.