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The Wild Rose Company has $1.000 par value (maturity value) bonds outstanding at 9 percent interest. The bonds will mature in 20 years with annual

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The Wild Rose Company has $1.000 par value (maturity value) bonds outstanding at 9 percent interest. The bonds will mature in 20 years with annual payments Compute the current price of the bonds if the present yield to maturity is: (Use a Financial calculator to arrive at the answers. Do not round intermediate calculations. Round the final answers to 2 decimal places.) Price of the bond a. 6 percent b. 8 percent c. 12 percent $ $ $

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