Solution-What price should the bonds sell

What price should the bonds sell

Reference no: EM131317190

Connectix Inc. recently issued noncallable bonds that mature in 10 years. They have a par value of $1,000 and an annual coupon of 7.5%. If the current market interest rate is 7.7%, at what price should the bonds sell?

Reference no: EM131317190

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What price should the bonds sell

Reference no: EM131317190

Reference no: EM131317190

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