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Kindle, Inc., has 12 percent coupon bonds on the market that have 10 years left to maturity. The bonds make annual payments and have a

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Kindle, Inc., has 12 percent coupon bonds on the market that have 10 years left to maturity. The bonds make annual payments and have a par value of $1,000. If the yield to maturity (YTM) on these bonds is 18 percent, what is the current bond price? Instruction: Round answer to two decimal place. Do not include $, positive (+) or negative (-) sign. A

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