Langford Co. issued 14-year bonds a year ago at a coupon rate of 8.1%. The bonds make semiannual payments. If the YTM on
Posted: Sun Jun 05, 2022 10:13 am
Langford Co. issued 14-year bonds a year ago at a coupon rate of 8.1%. The bonds make semiannual payments. If the YTM on these bonds is 6.4%, what is the current bond price? (Do not round intermediate calculations. Round the final answer to 2 decimal places. Omit $ sign in your response.) Current bond price LA