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Bernard co. has 9% coupon bonds on the market that have 18 years left to maturity. The bonds will make annual payments. If the YTM

Bernard co. has 9% coupon bonds on the market that have 18 years left to maturity. The bonds will make annual payments. If the YTM on these bonds is 796, what is the current bond price (in $ dollars)? (Assume the face value of the bond is 51.000)

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