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Staind pic has 8 . 5 per cent coupon bonds on the market that have 1 0 years left to maturity. The bonds make annual

Staind pic has 8.5 per cent coupon bonds on the market that have 10 years left to maturity. The bonds make annual payments. The par value of the bond is E1000. If the YTM on these bonds is 9.75 per cent, what is the current bond price?
922
1200
1000
d)980
e)1050
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