Annual coupon bonds-what is the current bond price

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Reference no: EM13913897

Perry's Pizzeria issued 21-year annual coupon bonds one year ago at a coupon rate of 7 percent. If the YTM on these bonds is 8.91 percent, what is the current bond price?

Reference no: EM13913897

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Annual coupon bonds-what is the current bond price : Perry's Pizzeria issued 21-year annual coupon bonds one year ago at a coupon rate of 7 percent. If the YTM on these bonds is 8.91 percent, what is the current bond price?

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