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17 XYZ company has just inued a 30-year bond with a coupon rate of 7.50% (annual coupon payments) and a face value of $1,000. If

17 XYZ company has just inued a 30-year bond with a coupon rate of 7.50% (annual coupon payments) and a face value of $1,000. If the yield to maturity is 6%, what is the price of the bond? Round to the nearest cent. ad out of Answer 30 10

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