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Delta Corporation has issued bonds that have a 15% coupon rate, payable annually. The bonds mature in 2 years, have a face value of 1000$,

Delta Corporation has issued bonds that have a 15% coupon rate, payable annually. The bonds mature in 2 years, have a face value of 1000$, and YTM of 8%. What is the price of the bonds? 1 i B I III 5

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