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

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3 Weismann Co. issued 10-year bonds a year ago at a coupon rate of 11 percent. The bonds make semiannual payments and have a par value of $1,000. If the YTM on these bonds is 8 percent, what is the current bond price? 4 points Skipped Multiple Choice $678.09 eBook References $1,126.66 $1,189.89 $1,199.89 $1,510.37

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