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Staind, Inc., has 6 percent coupon bonds on the market that have 8 years left to maturity. The bonds make annual payments. If the YTM
Staind, Inc., has 6 percent coupon bonds on the market that have 8 years left to maturity. The bonds make annual payments. If the YTM on these bonds is 10 percent, what is the current bond price? Multiple Choice $747.27 $1,252.39 $786.60 $825.93 $1,030.00
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