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Suppose a German company issues a bond with a par value of 1.000, 25 years to maturity, and a coupon rate of 8 percent paid

Suppose a German company issues a bond with a par value of 1.000, 25 years to maturity, and a coupon rate of 8 percent paid annually. If the yield to maturity is 7%. what is the current price of the bond? 1.116.54 O291334 1.00465 123456

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