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Staind, Inc., has 7 percent coupon bonds on the market that have 13 years left to maturity. The bonds make annual payments. If the YTM

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Staind, Inc., has 7 percent coupon bonds on the market that have 13 years left to maturity. The bonds make annual payments. If the YTM on these bonds is 9 percent what is the current bond price? points (8 04154 Multiple Choice $892.78 10 O $1,171.15 O $850.26

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