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Bat Company's BBB 8% bonds have a face value of $1,000 and pay interest semi- annually. They mature in 14 years, and their YTM is

Bat Company's BBB 8% bonds have a face value of $1,000 and pay interest semi- annually. They mature in 14 years, and their YTM is currently 15%. What is the price of a Bat Company Bond? 1,182.16 627.73 689.77 594.93 1,154.18

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