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On January 1 2019VVV Company issued $2200000 of 12 year 4% coupon bonds The yield to maturity is 2% and the bonds pay interest semi annually What is the selling price of the bonds

On January 1, 2019, VVV Company issued $2,200,000 of 12-year, 4% coupon bonds. The yield to maturity is 2%, and the bonds pay interest semi-annually. What is the selling price of the bonds?

 

Apr 29 2020 Read more Less More

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