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Category > Business & Finance Posted 18 Jun 2017 My Price 12.00

Bennington Industrial Machines

Bennington Industrial Machines issued 147,000 zero coupon bonds four years ago. The bonds originally had 30 years to maturity with a yield to maturity of 7.2 percent. Interest rates have recently increased, and the bonds now have a yield to maturity of 8.3 percent. what is the bond price

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Status NEW Posted 18 Jun 2017 10:06 AM My Price 12.00

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