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On June 1 st , 2 0 1 7 , The Sooner Inc. issued twenty - five - year 1 0 % semiannual coupon bonds
On June st The Sooner Inc. issued twentyfiveyear semiannual coupon bonds with a $ face value each. The first coupon date is Dec Since then, interest rates in general have risen and the yield to maturity on the same bonds is now on December Ist, Given this information, what is the current price for this bond?
A $
B $
C $
D $
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