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Georgia Corporation has a $1,000 par value bonds with 10 years remain maturity. The bonds carry a 7.5% coupon that is paid semiannually. If the

Georgia Corporation has a $1,000 par value bonds with 10 years remain maturity. The bonds carry a 7.5% coupon that is paid semiannually. If the current yield to maturity on similar bonds is 8.0%, what is the current value of the bonds?

Question 2 options:

$1125.23

$966.02

$856.15

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