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Several years ago, Smith Towne issued 7% bonds several years ago at $1,045. The bonds currently have an 10% yield to maturity and have 10

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Several years ago, Smith Towne issued 7% bonds several years ago at $1,045. The bonds currently have an 10% yield to maturity and have 10 years to maturity. What is the current price of the bonds? 0 $815.66 0 $1,495.99 0 $446.62 O $813.07

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