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Cepsi Co . issued 1 7 year bonds 4 years ago at a coupon rate of 6 . 7 % The bonds make semiannual payments.

Cepsi Co

.

issued

17

year bonds

4

years ago at a coupon rate of

6.7 %

The bonds make semiannual payments. The YTM is

7.3 % .

What is the current bond price?

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