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Category > Business & Finance Posted 05 Aug 2017 My Price 6.00

Merton enterprises has bonds on he market

Merton enterprises has bonds on he market making annual payments, with 1 years to maturity and selling for $963. At this price, the bonds yield 7.5%. What is the coupon rate on Merton's bonds?
App store co. issued 15-year bonds one year ago at a coupon rate of 6.1%. The bonds make semiannual payments. If the yield to maturity on these bonds is 5.3% what is the current bond price?

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Status NEW Posted 05 Aug 2017 06:08 PM My Price 6.00

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