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11 Weismann Co. issued 18-year bonds a year ago at a coupon rate of 10 percent. The bonds make semiannual payments and have a par

11 Weismann Co. issued 18-year bonds a year ago at a coupon rate of 10 percent. The bonds make semiannual payments and have a par value of $1,000. If the YTM on these bonds is 11 percent, what is the current bond price? Multiple Choice $933.81 $948.77 $1,842.04 $591.93 $923.81 A

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