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The Lone Star Company has $1,000 par value on s outstanding at 9 percent interest. The bonds will mature in 30 years. Use Appen using

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The Lone Star Company has $1,000 par value on s outstanding at 9 percent interest. The bonds will mature in 30 years. Use Appen using the formula and financial calculator methods. and o en or an approximate ans er but calculate our na answer Compute the current price of the bonds if the present yield to maturity is. (Do not round intermediate calculations. Round your final answers to 2 decimal places. Assume interest payments are annual.) Bond Price a. 7 percent b. 8 percent c. 13 percent

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