I interested New member Mar 11, 2010 #1 Brittany Co. issued a 15 yr bond one year ago at a coupon rate of 8.50%. the bond make semiannual payments. if the YTM on these bonds is 7.90%, what is the current bond price?...explain your answer?
Brittany Co. issued a 15 yr bond one year ago at a coupon rate of 8.50%. the bond make semiannual payments. if the YTM on these bonds is 7.90%, what is the current bond price?...explain your answer?