Amazon bonds have a 9% coupon rate. Interest is paid semiannually and the bonds have a...

Amazon bonds have a 9% coupon rate. Interest is paid semiannually and the bonds have a maturity of 10 years. If the appropriate discount rate is 10% on similar bonds, what is the price of Amazon's bonds?

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As the discount rate on similar bonds is 10%, the YTM for amazon bond is taken the same.

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jeff jeffy answered 1 year ago

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