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Campbell Soup Co. has 7.87% coupon bonds on the market that have 9 years left to maturity. The bonds make annual payments. If the yield

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Campbell Soup Co. has 7.87% coupon bonds on the market that have 9 years left to maturity. The bonds make annual payments. If the yield to maturity (YTM) on these bonds is 10.6%, what is the current bond price? (Round your final answer to two decimal places.)

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