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Aloha Inc. has 6 percent coupon bonds on the market that have 8 years left to maturity. If the YTM on these bonds is 7.5
Aloha Inc. has 6 percent coupon bonds on the market that have 8 years left to maturity. If the YTM on these bonds is 7.5 percent, what is the current bond price? (Do not round intermediate calculations. Round your answer to 2 decimal places.)
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