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3 15 3 points Vulcan, Inc., has 7.7%coupon bonds on the market that have 10 years left to maturity. The bonds make annual payments and
3 15 3 points Vulcan, Inc., has 7.7%coupon bonds on the market that have 10 years left to maturity. The bonds make annual payments and have a par value of $1,000. If the YTM on these bonds is 9.7%, what is the current bond price? $875.51 $532.87 $751.84 $923.11
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