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Barrys Steroids Company has $1,000 par value bonds outstanding at 12 percent interest. The bonds will mature in 50 years. Compute the current price of

Barrys Steroids Company has $1,000 par value bonds outstanding at 12 percent interest. The bonds will mature in 50 years. Compute the current price of the bonds if the present yield to maturity is: a. 4 percent b. 12 percent

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