PDA

View Full Version : Price of the bonds if the yield to maturity is


tk_napper
Feb 12, 2008, 09:03 PM
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 percent.
13 percent.

morgaine300
Feb 12, 2008, 09:46 PM
See my answer on this post:

https://www.askmehelpdesk.com/finance-accounting/issue-price-bond-181604.html

If you have more specific questions on any on part, come back and ask about that particular thing.