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Ramped Streetwear just issued a $1000 par value bond with a 17.44% coupon rate (semi-annual payments). The bond matures in 8 years. If the yield

Ramped Streetwear just issued a $1000 par value bond with a 17.44% coupon rate (semi-annual payments). The bond matures in 8 years. If the yield to maturity on this bond is 11.5%, what is the current price of these Ramped Streetwear bonds

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