The same cvp formulas that are used to perform cvp analysis for a company with a single product can be used for any company that sells more than one product, as long as a company uses the weighted average contribution margin of all products, rather than the contribution margin of a sole product.

Lycan, inc., has 7.5 percent coupon bonds on the market that have 8 years left to maturity. the bonds make annual payments and have a par value of $1,000. if the ytm on these bonds is 9.5 percent, what is the current bond price? (do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) current bond price