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The Plymouth Bond has (C = 11%, N = 7 years, Par Value = $1,000). The YTM for similar bonds is 9.0%. At what price

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The Plymouth Bond has (C = 11%, N = 7 years, Par Value = $1,000). The YTM for similar bonds is 9.0%. At what price will this bond be traded today? O Who Knows, Herr Prof! At a Discount O Exactly at Par Value O At a Premium

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