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value: 10.00 points Sqeekers Co. issued 12-year bonds a year ago at a coupon rate of 7.2 percent. The bonds make semiannual payments and have
value: 10.00 points Sqeekers Co. issued 12-year bonds a year ago at a coupon rate of 7.2 percent. The bonds make semiannual payments and have a par value of $1,000. If the YTM on these bonds is 5.5 percent, what is the current bond price? (Do not round intermediate calculations. Round your answer to 2 decimal places, 0.g., 32.16.) Current bond price $ 1,138.92 02020 McGraw-Hill Education. All rights res
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