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Three years ago, JKL Co . issued bonds with a 1 5 - year maturity then and at a coupon rate of 7 . 5
Three years ago, JKL Co issued bonds with a year maturity then and at a coupon rate of percent. The bonds make semiannual payments. If the YTM on these bonds is percent, what is the current bond price? Do not include the dollar sign $ Enter rounded answer as directed, but do not use the rounded numbers in intermediate calculations. Round your answer to decimal places eg
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