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Seeb Metals Inc. has issued 25-year semiannual coupon bonds with a face value of OMR 1,000. If the annual coupon rate is 14% and the
Seeb Metals Inc. has issued 25-year semiannual coupon bonds with a face value of OMR 1,000. If the annual coupon rate is 14% and the current yield to maturity is 12%, what is the firm's current price per bond? Select one a. OMR 1,156.86 b. OMR 890.38 c. OMR 861.99 d. OMR 1,157.62 e. OMR 1,365.12
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