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Weismann Co. issued 19-year bonds a year ago at a coupon rate of 9 percent. The bonds make semiannual payments and have a par value

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Weismann Co. issued 19-year bonds a year ago at a coupon rate of 9 percent. The bonds make semiannual payments and have a par value of $1,000. If the YTM on these bonds is 8 percent, what is the current bond price? Multiple Choice $1,104.54 $1,760.33 O $1,094.54 $1,070.67 $599.24

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