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Please show your work Grohl Co. issued 13-year bonds a year ago at a coupon rate of 12 percent. The bonds make semiannual payments. If
Please show your work
Grohl Co. issued 13-year bonds a year ago at a coupon rate of 12 percent. The bonds make semiannual payments. If the YTM on these bonds is 12 percent, what is the current bond price?
$1,000.00
$616.59
$1,010.00
$1,005.00
$1,757.02
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