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1. Grohl Co. has bonds with 10 years to maturity that make semiannual coupon payments. The coupon rate is 6.9%, and the YTM is 7.4%.

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1. Grohl Co. has bonds with 10 years to maturity that make semiannual coupon payments. The coupon rate is 6.9%, and the YTM is 7.4%. What is the current market price? What would be the market price of a zero coupon bond with the same time to maturity and YTM (compounding is still semiannual)? Coupon Bond PV: N: PMT: FV: I/Y: Zero Coupon Bond PV: N: PMT: FV: I/Y

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