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Question 1 3 pts ABC Corp. issued a 12% coupon rate, 20-year bond 5 years ago. Interest rates are now 8%. Based on semi-annual analysis,

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Question 1 3 pts ABC Corp. issued a 12% coupon rate, 20-year bond 5 years ago. Interest rates are now 8%. Based on semi-annual analysis, what is the current price of the bond? (Keep 2 decimal places in your answer)

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