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Grohl Co. issued 19-year bonds a year ago at a coupon rate of 10 percent (APR). The bonds make semiannual payments. If the YTM on
Grohl Co. issued 19-year bonds a year ago at a coupon rate of 10 percent (APR). The bonds make semiannual payments. If the YTM on these bonds is 10 percent (APR), what is the current bond price?
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