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Five years ago bonds were issued at par with 42 years until maturity and a 6% annual coupon. If interest rates for that grade of

Five years ago bonds were issued at par with 42 years until maturity and a 6% annual coupon. If interest rates for that grade of bonds are currently 11% what will be the market price of these bonds now? Moe Choice 344401 5555.02 $83253 5566.02

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