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App Store Co, issued 16 -year bonds one year ago at a coupon rate of 6.2 percent. The bonds make semiannual payments. Required: If the

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App Store Co, issued 16 -year bonds one year ago at a coupon rate of 6.2 percent. The bonds make semiannual payments. Required: If the YTM on these bonds is 5.4 percent, what is the current bond price? (Do not round intermediate calculations. Round your answer to 2 decimal places (e.g., 32.16).)

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