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if the yield to maturity is 7%? The AirJet Service Company's bonds have four years remaining to maturity. Interest is paid annually, the bonds have

if the yield to maturity is 7%?

"The AirJet Service Company's bonds have four years remaining to maturity. Interest is paid annually, the bonds have a $1 ,000 par value, and the coupon interest rate is 9.25%. What is the market value of these bonds today if the yield to maturity is 7%?"

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