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Question 16 50 What is the current price for 8 percent coupon bonds that have 10 years left to maturity if the bonds have a

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Question 16 50 What is the current price for 8 percent coupon bonds that have 10 years left to maturity if the bonds have a par value of $1,000, make annual payments and the YTM on is 7.4 percent? Answer: $ (round to two decimals, do not use "$":"-"ore.g. 1.23)

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