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find current price A firm issued 15-year, noncallable. 8.4% semi-annual coupon bonds at their par value of $1.000 one year ago. Today. the market interest

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find current price

A firm issued 15-year, noncallable. 8.4% semi-annual coupon bonds at their par value of $1.000 one year ago. Today. the market interest rate on these bonds is 65% What is the current price of the bonds, given that they now have 14 years to maturity

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