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Staind, Inc., has 7 percent coupon bonds on the market that have 14 years left to maturity. The bonds make annual payments. If the YTM
Staind, Inc., has 7 percent coupon bonds on the market that have 14 years left to maturity. The bonds make annual payments. If the YTM on these bonds is 9 percent, what is the current bond price? $1,030.00 O $802.06 O $886.49 O $1,178.91 O $844.28
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