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Bond James Bond Corporation has 7 percent coupon bonds that have 6 years left to maturity. The bonds make annual payments to their holders. The
Bond James Bond Corporation has 7 percent coupon bonds that have 6 years left to maturity. The bonds make annual payments to their holders. The YTM on these bonds is 9 percent. Calculate the current price for each of the Bond James Bond Corporation's bonds. |
A. $864.77
B. $1,099.33
C. $955.80
D. $910.28
E. $1,030.00
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