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Leeggara Company has an issue of 8-year, 11% annual coupon bonds outstanding. The bonds, which were originally

issued 12 years ago, have a face value (FV) of $1,000, a yield-to-maturity (YTM) of 7%, and are noncallable. What is the current market price of Leeggara bonds ?





Are the bonds Leeggara Company selling at a discount, at par, or at a premium?




What is the current yield on Leeggara outstanding bonds?





What is the expected one-year capital gain yield on the bonds of Leeggara Company?





Top Answer

The current market price of Leeggara bonds is : $1,238.85 The bonds of Leeggara... View the full answer

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