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Grohl Co . issued 2 6 year bonds 6 years ago at a coupon rate of 5 percent. The bonds make semiannual payments. If the

Grohl Co. issued 26 year bonds 6 years ago at a coupon rate of 5 percent. The bonds
make semiannual payments. If the YTM on these bonds is 11 percent, what is the current
bond price? Enter the answer with 2 decimals (e.g.950.45)
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