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Austin Inc. has 10 -year bonds that pay a 9.0% semi-annual coupon. If the market requires a 10.0% return on the bonds, what is the

Austin Inc. has 10 -year bonds that pay a 9.0% semi-annual coupon. If the market requires a 10.0% return on the bonds, what is the current price of Austin bonds? $1,039.56$662.05$937.69$938.55

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