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Other Fields Homework Help Management Topic started by: stranahan on Nov 21, 2016



Title: Ten years ago Bacon Signs Inc. issued twenty-five-year 8% annual coupon bonds with a $1,000 face ...
Post by: stranahan on Nov 21, 2016
Ten years ago Bacon Signs Inc. issued twenty-five-year 8% annual coupon bonds with a $1,000 face value each. Since then, interest rates in general have risen and the yield to maturity on the Bacon bonds is now 9%. Given this information, what is the price today for a Bacon Signs bond?
A) $1,000
B) $901.77
C) $1.085.59
D) $919.39


Title: Re: Ten years ago Bacon Signs Inc. issued twenty-five-year 8% annual coupon bonds with a $1,000 face ...
Post by: Decrepit_ on Nov 21, 2016
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Title: Re: Ten years ago Bacon Signs Inc. issued twenty-five-year 8% annual coupon bonds with a $1,000 face ...
Post by: stranahan on Jan 6, 2017
Thank you for  the help. I had a few questions on a few of them and this really confirmed my answers.


Title: Re: Ten years ago Bacon Signs Inc. issued twenty-five-year 8% annual coupon bonds with a $1,000 face ...
Post by: Marie Camille on Apr 12, 2020
Thank you