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Staind, Inc., has 8 percent coupon bonds on the market that have 14 years left to maturity. The bonds make annual payments. If the YTM
Staind, Inc., has 8 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? |
rev: 09_18_2012
$1,030.00
$922.14
$1,086.44
$876.03
$968.25
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