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Lycan, Inc., has 8.3 percent coupon bonds on the market that have 7 years left to maturity. The bonds make annual payments. If the YTM

Lycan, Inc., has 8.3 percent coupon bonds on the market that have 7 years left to maturity. The bonds make annual payments.

If the YTM on these bonds is 10.3 percent, what is the current bond price?

Current bond price _____

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