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Even though most corporate bonds in the United States make coupon payments semiannually, bonds issued clsewhere often have rate of 7.4 percent paid onnually. If
Even though most corporate bonds in the United States make coupon payments semiannually, bonds issued clsewhere often have rate of 7.4 percent paid onnually. If the YTM is 9.4 percent, what is the current bond price in euros? Note: Do not round intermediate calculations and round your answer to 2 decimal ploces, e.9-, 32.16
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