Next Gen has $5,000 par value bonds outstanding at 10 percent interest. The bonds will...
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Next Gen has $5,000 par value bonds outstanding at 10 percent interest. The bonds will mature in 20 years. Compute the current price of the bonds if the present yield to maturity is: a. 11 percent b. 10 percent c.5 years later the current price of the bond now trades at 9%
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