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shoe calculation and formula D Question 18 47 Two years ago bonds were issued ot par with 10 years until maturity and a 7% annual

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shoe calculation and formula

D Question 18 47 Two years ago bonds were issued ot par with 10 years until maturity and a 7% annual coupon. If interest rates for that grade of bond are currently 8.25%, what will be the market price of these bonds? Enter your answer as a number with 2 decimals and without $ sign

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