ABC Company Bonds are trading on the open market. Currently the market yield rate or YTM is 6.5%. The coupon rate on the ABC Bonds is at 6.25%. These bonds mature in 20 years. What would be the price quote of these bonds
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Home » Business » ABC Company Bonds are trading on the open market. Currently the market yield rate or YTM is 6.5%. The coupon rate on the ABC Bonds is at 6.25%. These bonds mature in 20 years. What would be the price quote of these bonds