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content area top Part 1 A company issues a ten-year bond at par with a coupon rate of 6.8% paid semi-annually. The YTM at the

content area top Part 1 A company issues a ten-year bond at par with a coupon rate of 6.8% paid semi-annually. The YTM at the beginning of the third year of the bond (8 years left to maturity) is 8.7%. What is the new price of the bond

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