Callaghan Motors' bound have 10 years remaining to maturity, Interest is paid annually, they have a $1,000 par value, the coupon interest rate is 8%, and the yield to maturity is 9%. What is the bond's current market price?
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Callaghan Motors' bound have 10 years remaining to maturity, Interest is paid annually, they have a $1,000 par value, the coupon interest rate is 8%, and the yield to maturity is 9%. What is the bond's current market price?
The of your given question that is below,
The current market price of this bond is Rs, 719...
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