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Cru Shoes issued a 1 0 year bond. Coupons are paid semi - annually, the bonds have a $ 1 , 0 0 0 par
Cru Shoes issued a year bond. Coupons are paid semiannually, the bonds have a $ par value, and the coupon rate is and a YTM of If the bonds are currently selling at $ What should you be willing to pay for the bond? What is the relationship between YTM and bond price?
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