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P7-6 Bond Prices [LO2] Weismann Co. issued 18-year bonds a year ago at a coupon rate of 9 percent. The bonds make semiannual payments and

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P7-6 Bond Prices [LO2] Weismann Co. issued 18-year bonds a year ago at a coupon rate of 9 percent. The bonds make semiannual payments and have a par value of $1,000. If the YTM on these bonds is 6 percent, what is the current bond price? Multiple Choice O $1,316,98 $1,637.96

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