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solve with formulas DONOST 2. Par value of the bond is $1,000. Malahat Inc. has 7.5% coupon bonds on the market that have ten years

solve with formulas

DONOST 2. Par value of the bond is $1,000. Malahat Inc. has 7.5% coupon bonds on the market that have ten years left to maturity. The bonds make annual payments. If the YTM on these bonds 8.75%, what is the current bond price

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