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Question 9 (10 points) Lycan, Inc has 7% coupon bonds on the market that have 12 years left to maturity. The bonds make semiannual payments.

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Question 9 (10 points) Lycan, Inc has 7% coupon bonds on the market that have 12 years left to maturity. The bonds make semiannual payments. If the YTM on these bonds is 9%, what is the current bond price? 1) $4801.94 2) $855.05 3) $912.76 4) $965.55 5) $1,034.51 Save Pnge 9 of 2O

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