Great Wall Pizzeria issued 10-year bonds one year ago at a coupon rate of 5.9 percent. If the YTM on these bonds is 8.3 percent, what is the current bond price? Note: Corporate bonds pay coupons twice a year. (Do not round intermediate calculations. Round your answer to 2 decimal places.)
Great Wall Pizzeria issued 10-year bonds one year ago at a coupon rate of 5.9 percent. If the YTM on these bonds
is 8.3 percent, what is the current bond price? Note: Corporate bonds pay coupons twice a year.
(Do not round intermediate calculations. Round your answer to 2 decimal places.)
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