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The Morgan Company offers 10-year, 5 percent coupon bonds withsemiannual payments and a yield to maturity of 7 percent. What isthe current market price if

The Morgan Company offers 10-year, 5 percent coupon bonds withsemiannual payments and a yield to maturity of 7 percent. What isthe current market price if the face value is $1,000?$857.88 2 answers

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