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Home > Business & Careers > Finance   »   Bond Value

 
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Old Jul 15, 2007, 09:44 AM
gbanner
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Bond Value

How do you compute the following: Midland Oil has $1,000 par value bonds outstanding at 8 percent interest. The bonds will mature in 25 years. Compute the current price of the bonds if the present yield to maturity is 7 percent, 10 percetn and 13 percent.

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