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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?

(& how do I do this on a financial calculator?)

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