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    Bond valuation at Nungesser Corp

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    Bond valuation Nungesser Corporation's outstanding bonds have a $1,000 par value, a
    9 percent semiannual coupon, 8 years to maturity, and an 8.5 percent YTM. What is the
    bond's price?

    © BrainMass Inc. brainmass.com June 3, 2020, 8:30 pm ad1c9bdddf
    https://brainmass.com/business/bond-valuation/bond-valuation-at-nungesser-corp-140906

    Solution Summary

    Calculates the bond price.

    $2.19

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