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Thirty - year B - rated bonds of Parker Optical Company were initially issued at a 1 0 percent yield and 1 2 percent coupon.
Thirtyyear Brated bonds of Parker Optical Company were initially issued at a percent yield and percent coupon. After years the bonds have been upgraded to Aa Such bonds are currently yielding percent to maturity. Use Table
Determine the price of the bonds with years remaining to maturity.
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