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    Rob McMeans's Avatar
    Rob McMeans Posts: 3, Reputation: 1
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    #1

    Jul 25, 2009, 11:32 AM
    computing current price of bonds to maturity
    Midland Oil has $1000 par value bonds outstanding at 8% interest. The bonds will mature in 25 years. Compute the current price of the bonds if the present yield to maturity is:

    a. 7%
    b. 10%
    c. 13%
    morgaine300's Avatar
    morgaine300 Posts: 6,561, Reputation: 276
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    #2

    Jul 25, 2009, 03:39 PM

    We are not here just to answer your homework stuff for you. It's your work and you need to make an attempt at it. Tell us what you think the answer is and why, and then someone can help you.
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