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Southland Biotechnology Corporation issued bonds 7 years ago with a 14 -year maturity. The issue has a coupon rate of 9.5% p.a. Coupons are paid

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Southland Biotechnology Corporation issued bonds 7 years ago with a 14 -year maturity. The issue has a coupon rate of 9.5% p.a. Coupons are paid every 6 months. If the YTM on the issue is currently 6.0% p.a. calculate the price of these bonds assuming a face value of $1,000. A. $1,328.37 B. $1,325.32 C. $1,197.68 D. \$973.64 E. $1,552.41

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