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    tk_napper's Avatar
    tk_napper Posts: 2, Reputation: 1
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    #1

    Feb 12, 2008, 09:03 PM
    Price of the bonds if the yield to maturity is
    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's Avatar
    morgaine300 Posts: 6,561, Reputation: 276
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    #2

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

    https://www.askmehelpdesk.com/financ...nd-181604.html

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

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