Ninja Co. issued 14-year bonds a year ago at a coupon rate of 8.6 percent. The bonds make

| December 11, 2017

Ninja Co. issued 14-year bonds a year ago at a coupon rate of 8.6 percent. The bonds make semiannual payments. If the YTM on these bonds is 6.9 percent, what is the current bond price?

Order your essay today and save 30% with the discount code: ESSAYHELPOrder Now