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Problem 6-6 Bond Prices [LO 2] Harrison Co. issued 15-year bonds one year ago at a coupon rate of 7.6 percent. The bonds make semiannual

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Problem 6-6 Bond Prices [LO 2] Harrison Co. issued 15-year bonds one year ago at a coupon rate of 7.6 percent. The bonds make semiannual payments. If the YTM on these bonds is 5.3 percent, what is the current dollar price assuming a $1,000 par value? (Do not round inte places, e.g., 32.16.) Current bond price References eBook &Resources Worksheet Difficulty: 1 Basic Section: 6.1 Bonds and Bond Valuation Problem 6-6 Bond Prices [LO Learning Objective: 06-02 Describe Type here to search

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