Keenan Industries has a bond outstanding with 15 years to maturity Custom Essay

Keenan Industries has a tie uncollected with 15 years to ripeness, an 8.75% coupon hired semiannually, and a $1,000 par esteem. The tie has a 6.50% suppositious furnish to ripeness, yet it can be named in 6 years at a appraisement of $1,050. What is the tie’s suppositious furnish to ole?

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