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Ryngaert Inc. recently issued non - callable bonds that mature in 1 5 years. They have a par value of $ 1 , 0 0

Ryngaert Inc. recently issued non-callable bonds that mature in 15 years. They have a par value of $1,000 and an annual coupon of 5.7%. If the current market interest rate is 7.0%, at what price should the bonds sell?
$881.60
$859.56
$903.64
$838.07
$817.12

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