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Grohl Co. issued 19-year bonds a year ago at a coupon rate of 9 percent. The bonds make semiannual payments. If the YTM on these

Grohl Co. issued 19-year bonds a year ago at a coupon rate of 9 percent. The bonds make semiannual payments. If the YTM on these bonds is 7 percent, what is the current bond price? rev: 09_18_2012 Multiple Choice $1,714.17 $1,212.90 $1,202.90 $1,142.10 $599.24

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