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The Walters Corporation has a bond outstanding with a face value of $1,000 that reaches maturity in ten years. The bond certificate indicates that the

The Walters Corporation has a bond outstanding with a face value of $1,000 that reaches maturity in ten years. The bond certificate indicates that the stated coupon rate for this bond is 8.2% and that the coupon payments are made semiannually. Assuming the appropriate yield to maturity (YTM) on the Walters bond is currently 7.3%, then the current price of this bond is closest to $1,063 Oa. $1,276 $1,488 Od. $669 e. $850

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