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Firm Z issued 19-year bonds 4 years ago at a coupon rate of 7.59 percent. The bonds make semiannual payments. If the YTM on these

Firm Z issued 19-year bonds 4 years ago at a coupon rate of 7.59 percent. The bonds make semiannual payments. If the YTM on these bonds is 6.61 percent, what is the current bond price?

Answer to two decimals.

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