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Grohl Co. issued 9-year bonds a year ago at a coupon rate of 7 percent. The bonds make semiannual payments. If the YTM on these

Grohl Co. issued 9-year bonds a year ago at a coupon rate of 7 percent. The bonds make semiannual payments. If the YTM on these bonds is 9 percent, what is the current bond price?

rev: 09_18_2012

$932.31

$897.66

$1,509.53

$773.97

$887.66

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