solved : WildhorseCorp. issued a four-year bond one year ago with a

  

WildhorseCorp. issued a four-year bond one year ago with a couponrate of7.0percent. The bond pays interest semiannually. If the yield to maturity on this bond is12percent, what is the price of the bond?(Round answer to 2 decimal places, e.g. 5,275.25.)Accounting Business Financial Accounting FINANCE 5555

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