The Brunswick Company issues 11-year bonds, with an annual coupon rate of 8.9%, but pays coupons semi-annually. Calculat
Posted: Sun May 29, 2022 5:47 pm
Company issues 11-year bonds, with an annual coupon rate of 8.9%, but pays coupons semi-annually. Calculate the price per $1,000 face value using an annual interest rate of 5.4%. Answer to the nearest cent.
The Brunswick