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a. Whale Watching Limited issued 14-year bonds one year ago at a coupon rate of 6.9 percent. The bonds have a face value of $200000

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a. Whale Watching Limited issued 14-year bonds one year ago at a coupon rate of 6.9 percent. The bonds have a face value of $200000 and make semi-annual payments. If the YTM on these bonds is 5.5 percent, what is the current bond price? [PB=t=1N(1+ytm)tCt+(1+ytm)NPar];[PV=PMT[r1((1+r)t1)]](PVofcouponpayments)

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