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Gro Co. issued 29 year bonds 8 years ago at a coupon rate of 11 percent. The bonds make semiannual payments. If the YTM on

Gro Co. issued 29 year bonds 8 years ago at a coupon rate of 11 percent. The bonds make semiannual payments. If the YTM on these bonds is 3 percent, what is the current bond price? Enter the answer with 2 decimals (e.g. 950.45)

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