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6. Lycan Inc. has 6% coupon bonds on the market that have 9 years left to maturity. The bonds make annual payments and have a

6. Lycan Inc. has 6% coupon bonds on the market that have 9 years left to maturity. The bonds make annual payments and have a par value of $1,000. If the YTM on these bonds is 7.4%, what is the current bond price

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