Corporate bond outstanding-what is the bond value

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Amcor limited has a corporate bond outstanding with a 7% coupon semi annual interest 15 years to maturity and face value of $1000.similar bond currently yield 13% but prior agreement company will skip the coupon payments in years 6,7 and 8 (6 payments in total ,the payments in time 6 through to 8.5) These payments will be repaid without interest at maturity. What is the bond value?

Reference no: EM131184976

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