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Company As bonds have 10 years to maturity with $1000 par value, assume that this bond pays coupon interest of 9% with semiannual compounding. YTM
Company As bonds have 10 years to maturity with $1000 par value, assume that this bond pays coupon interest of 9% with semiannual compounding. YTM is 10%. What is bonds current price? Answer to the nearest cent, xxx.xx and enter without the dollar sign.
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