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    the present value or current market price of bonds

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    Callaghan Motors bonds have 10 years remaining to maturity. Interest is paid annually, the bonds have a $1,000 par value, and the coupon interest rate is 8 percent. The bonds have a yield to maturity of 9 percent. What is the current market price of these bonds?

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    https://brainmass.com/business/bond-valuation/the-present-value-or-current-market-price-of-bonds-33059

    Solution Summary

    The present value or current market price of these bonds is determined.

    $2.49

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