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Peace Music issued bonds thirteen years ago that now have 17 years to maturity, face value of $1,000, YTM of 10%, and an annual coupon

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Peace Music issued bonds thirteen years ago that now have 17 years to maturity, face value of $1,000, YTM of 10%, and an annual coupon rate of 8%. The bonds make semiannual coupon payments. What is the current price of the bond? $1,297.47 $1,184.11 te $862.01 ht $838.07

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