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Grohl Co . issued 2 7 year bonds 7 years ago at a coupon rate of 5 percent. The bonds make semiannual payments. If the

Grohl Co. issued 27 year bonds 7 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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