FINA 5300 Inc. has a 6 percent coupon bonds on the market with 12 years to maturity. The bonds make semiannual payments, and their current

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FINA 5300 Inc. has a 6 percent coupon bonds on the market with 12 years to maturity. The bonds make semiannual payments, and their current market rate is 7 percent. What is the current price of one of these bonds? $1080 O $919.71 O 51000 $140146 $541.23

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