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Doisneau 25 -year bonds have an annual coupon interest of 12 percent, make interest payments on a semiannual basis, and have a $ 1,000 par

Doisneau 25-year bonds have an annual coupon interest of 12 percent, make interest payments on a semiannual basis, and have a

$1,000 par value. If the bonds are trading with a market's required yield to maturity of 17 percent. What is the price of the bonds?

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