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Company issued 15-year bonds at a coupon rate of 10 percent. The bonds make quarterly payments. If the YTM on these bonds is 8 percent,

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Company issued 15-year bonds at a coupon rate of 10 percent. The bonds make quarterly payments. If the YTM on these bonds is 8 percent, what is the current dollar price assuming a $1,000 par value? Select one: a. $ 1045 b.$ 3,780.87 c. $ 1,173.8 d. $ 1,219.13

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