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QUESTION 10 JKL Ltd bonds have exactly 20 years remaining until they mature. The bonds have a face value of $10,000 and pay semi-annual coupons at a rate of 6.8%p.a. If the current market yield for these bonds is 5.3%p.a., what is the current price of JKL Ltd bonds. (all interest rates in this problem are quoted as APRs with semi-annual compounding). $8,373.23 $8,385.89 $11,822.68 $11,836.03