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The Lone Star Company has $1,000 par value bonds outstanding at 9 percent interest. The bonds will mature in 18 years. Calculate your final answer

The Lone Star Company has $1,000 par value bonds outstanding at 9 percent interest. The bonds will mature in 18 years. Calculate your final answer using the formula and financial calculator methods. Compute the current price of the bonds if the present yield to maturity is 7%, 8%, & 13%.

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