What is the current bond price?‚Äč

Mathematics
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Grohl Co. issued 5-year bonds a year ago at a coupon rate of 8 percent. The bonds make semiannual payments. If the YTM on these bonds is 7 percent, what is the current bond price?

Nov 19th, 2015

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Bond price$ 820.86PV(7%,8,40,1000)*-1

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Nov 19th, 2015

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Nov 19th, 2015
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Nov 19th, 2015
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