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Shangrilla Resort Company has AED 1,000 par value bonds outstanding with coupon payment of 125 annually. The bonds will mature in 15 years. Compute the

Shangrilla Resort Company has AED 1,000 par value bonds outstanding with coupon payment of 125 annually. The bonds will mature in 15 years. Compute the current price of the bonds if the present yield to matunty is 7% ANSWER FORMAT: 1234,56

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