Computing the current price of the bond

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Question: The Wizard of Oz Corporation has a $100,000 par value bond outstanding paying semi-annual interest of 4.5%. The bond matures in 10 years. If the present yield to maturity (YTM) for this bond is 3.9%, calculate the current price of the bond. The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

Reference no: EM131797590

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