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14. Ryngaert Inc. recently issued noncallable bonds that mature in 15 years. They have a par value of $1,000 and an annual coupon of 5.7%.

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14. Ryngaert Inc. recently issued noncallable bonds that mature in 15 years. They have a par value of $1,000 and an annual coupon of 5.7%. If the current market interest rate is 6.9%, at what price should the bonds sell? $890.01 $1,094.71 O $916.71 O $881.11 $720.91 D Question 15 6.67 pts 15. Dyl Inc.'s bonds currently sell for $1,420 and have a par value of $1,000. They pay a $65 annual coupon and have a 15-year maturity, but they can be called in 5 years at $1,100. What is their yield to maturity (YTM)? 2.42% 2.99% O 3.22% 0 2.93% 3.16%

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