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Staind, Inc., has 8 percent coupon bonds on the market that have 6 years left to maturity. The bonds make annual payments. If the YTM

Staind, Inc., has 8 percent coupon bonds on the market that have 6 years left to maturity. The bonds make annual payments. If the YTM on these bonds is 11 percent, what is the current bond price?

rev: 09_18_2012

$873.08

$829.43

$1,030.00

$1,142.69

$916.74

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