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Three years ago, your firm issued bonds with ten years until maturity. The bonds pay interest semiannually and offer a 6% coupon rate. The bonds

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Three years ago, your firm issued bonds with ten years until maturity. The bonds pay interest semiannually and offer a 6% coupon rate. The bonds have a 7% yield to maturity and a par value of $1,000. How much should you pay for the bonds today? $928.94 $945.40 $1,273,01 None of the above

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