Westco Co- issued 15 -year bonds a year ago at a coupon rate of 5-4 pe (1).pdf
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Westco Co. issued 15 -year bonds a year ago at a coupon rate of 5.4 percent. The bonds make semiannual payments and have a par value of $1 , 000 . If the YTM on these bonds is 4.5 percent, what is the current price of the bond 2 in dollars? Input area: 14 function to answer this question. Leave the "Basis" input blank in the function. You may enter a constant 15 as a hard coded value.).
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