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ABC Corp bonds have a face value of $1,000, a coupon rate of 8.5 percent, semiannual interest payments, and mature in 12 years. What is
ABC Corp bonds have a face value of $1,000, a coupon rate of 8.5 percent, semiannual interest payments, and mature in 12 years. What is the current price of these bonds if the yield to maturity is 7.98 percent? $1020.00 $1011.30 $606.62 $1,039.68 $979.20
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