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B Weismann Co. issued 15-year bonds a year ago at a coupon rate of 10 percent. The bonds make semiannual payments and have a par
B Weismann Co. issued 15-year bonds a year ago at a coupon rate of 10 percent. The bonds make semiannual payments and have a par value of $1,000. If the YTM on these bonds is 7 percent, what is the current bond price? ed Multiple Choice $621.70 $1.275.01 $1,265.01 $1,177.76 $1,622.35
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