Coupon interest rate , Financial Accounting

Simon Corporation's bonds have 12 years left over to maturity. Interest is paid yearly, the bonds have a $1,000 par value, and the coupon interest rate is 11.5%. The bonds have a yield to maturity of 13%. What is the present market price of these bonds?

 

Posted Date: 3/30/2013 1:15:53 AM | Location : United States







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