[Solved] Grohl Co. issued 5-year bonds a year ago

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Grohl Co. issued 5-year bonds a year ago at a coupon rate of 8 percent The bonds make semiannual payments. If the YTM on these

Grohl Co. issued 5-year bonds a year ago at a coupon rate of 8 percent The bonds make semiannual payments. If the YTM on these bonds is 7 percent, what is the current bond price? Multiple Choice $84229 $1,034.37

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