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20 years ago A issued bonds with 8% coupon rate paid every 6 months, $1000 par value, original maturity of 30 years. bond is currently

20 years ago A issued bonds with 8% coupon rate paid every 6 months, $1000 par value, original maturity of 30 years. bond is currently traded $956. a/ What is YTM on bonds expressed as APR? b/ if YTM changes to 6.8 (APR), what would be the price on these bonds?

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