Finance Bond Valuation based on the yield to maturity rate by ClassOf1

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Valuing Bond based on the yield to maturity rate. - 1. Nungesser Corporation's outstanding bonds have a $1,000 par value, a 8% semiannual coupon, 9 years to maturity, and an 10% YTM.

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									              Sub: Finance                                                                                Topic: Bond Valuation

              Question:
              Valuing Bond based on the yield to maturity rate.

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              Bond valuation

              1. Nungesser Corporation's outstanding bonds have a $1,000 par value, an 8% semiannual
              coupon, 9 years to maturity, and a 10% YTM. What is the bond's price? Round the answer to
              the nearest hundredth.

              2. An investor has two bonds in his or her portfolio, B
								
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