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Squeekers Co. Issued 15-year bonds a year ago at a coupon rate of 5.3 percent. The bonds make semiannual payments and have a par value

image text in transcribed Squeekers Co. Issued 15-year bonds a year ago at a coupon rate of 5.3 percent. The bonds make semiannual payments and have a par value of $1,000. If the YTM of these bonds is 4.5 percent, what is the current bond price?

Chapter 7 Question 6 Input area: Settlement date Maturity date Coupon rate Coupons per year Face value Yield to maturity Par value Output area: Price

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