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34 Weismann Co. issued 18-year bonds a year ago at a coupon rate of 8 percent. The bonds make semiannual payments and have a par

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34 Weismann Co. issued 18-year bonds a year ago at a coupon rate of 8 percent. The bonds make semiannual payments and have a par value of $1,000. If the YTM on these bonds is 11 percent, what is the current bond price? Multiple Choice 0 $1,842.04 0 $627.12 0 $836.31 0 $771.44 0 $781.44

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