Dufner co issued 15 year bonds
Current bond price $ 1234.40 N= 2 x 15 PMT= (0.77/2) x1000 = 38.5 1/YR= 5.4 /2= 2.7 FV= 1000 PV=? 2. Volbeat Corporation has bonds on the market with 13 years to maturity, a YTM of 9.9 percent, a par value of $1,000, and a current price of $950. App Store Co. issued 15-year bonds one year ago at a coupon rate of 6.1%. The bonds make semiannual payments.