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S3. Disney offers 8.5 percent coupon bonds with semiannual payments and a yield to maturity of 7.4 percent. The bonds mature in 12 years. What

S3. Disney offers 8.5 percent coupon bonds with semiannual payments and a yield to maturity of 7.4 percent. The bonds mature in 12 years. What is the market price per bond if the face value is $1,000

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