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red mountain inc bonds have a face value of 1000. The bonds carry an 8 percent coupon, pay interest semiannualy and mature in 12 years.

red mountain inc bonds have a face value of 1000. The bonds carry an 8 percent coupon, pay interest semiannualy and mature in 12 years. What is the current price of these bonds if the yield to maturity is 10%

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