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Lycan, Inc., has 8 percent coupon bonds on the market that have 7 years left to maturity. The bonds make annual payments. Required: If the
Lycan, Inc., has 8 percent coupon bonds on the market that have 7 years left to maturity. The bonds make annual payments. Required: If the YTM on these bonds is 10 percent, what is the current bond price? O $902.63 O $1,105.63 O $1,296.96 O $1,104.13 O $1,000.00
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