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Renfro rentals has issued bonds that have a 8 % coupon rate, payable semiannually. The bonds mature in 1 0 years , have a face

Renfro rentals has issued bonds that have a 8%coupon rate, payable semiannually. The bonds mature in 10years, have a face value of 1000,and a yield to maturity of 8.5%.What is the price of the bonds a)1010.21 b)1300.41 c)574.15 d)966.76

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