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Bernard co. has 10% coupon bonds on the market that have 15 years left to maturity. The bonds will make annual payments. If the YTM
Bernard co. has 10% coupon bonds on the market that have 15 years left to maturity. The bonds will make annual payments. If the YTM on these bonds is 996, what is the current bond price (in $ dollars)? (Assume the face value of the bond is $1,000) S
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