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Corona Enterprises issued 17-year bonds one year ago at a coupon rate of 6.8 percent. These bonds make semiannual payments Give that the YTM on

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Corona Enterprises issued 17-year bonds one year ago at a coupon rate of 6.8 percent. These bonds make semiannual payments Give that the YTM on these bonds is 5.4 percent, calculate the current dollar price assuming a $1,000 par value (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Current bond price $ References eBook & Resources Worksheet Learning Objective: 05-02 Describe bond values and why they tuctus Difficulty: 1 Basic Section 5.1 Bonds and Bond Vaunton

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