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Ramped Streetwear just issued a $1000 par value bond with a 17.08% coupon rate (semi-annual payments). The bond matures in 14 years. If the yield
Ramped Streetwear just issued a $1000 par value bond with a 17.08% coupon rate (semi-annual payments). The bond matures in 14 years. If the yield to maturity on this bond is 12.1%, what is the current price of these Ramped Streetwear bonds? Enter your answer as a dollar amount rounded to 2 decimal places, but do not include the dollar sign or any commas in your answer. For example, record $13.294287342 as 13294.29. Your
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