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Expo Corporation issued 15-year, 8.5% annual coupon bonds at their par value of $1,000 five years ago. Today, the market interest rate on these bonds

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Expo Corporation issued 15-year, 8.5% annual coupon bonds at their par value of $1,000 five years ago. Today, the market interest rate on these bonds is 6%. What is the current price of one of these bonds i O $1,105.31 0 $1,185.97 O $1,242.81 $1,184.00

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