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Problem 8.04 Wildhorse Inc. has seven-year bonds outstanding that pay a 13 percent coupon rate. Investors buying these bonds today can expect to earn a

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Problem 8.04 Wildhorse Inc. has seven-year bonds outstanding that pay a 13 percent coupon rate. Investors buying these bonds today can expect to earn a yield to maturity of 6.050 percent. What is the current value of these bonds? Assume annual coupon payments. (Round answer to 2 decimal places . 15.25.) Current value Click If you would like to show Work for this questioni Open Show Work

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