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solve the problem with a financial calculator 6. Bond Prices Westco Co. issued 15 -year bonds a year ago at a coupon rate of 5.4

solve the problem with a financial calculator

6. Bond Prices Westco Co. issued 15 -year bonds a year ago at a coupon rate of 5.4 percent. The bonds make semiannual payments and have a par value of $1,000. If the YTM on these bonds is 4.5 percent, what is the current price of the bond in dollars

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