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Weismann Co. issued 20-year bonds a year ago at a coupon rate of 7 percent. The bonds make semiannual payments and have a par value

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Weismann Co. issued 20-year bonds a year ago at a coupon rate of 7 percent. The bonds make semiannual payments and have a par value of $1,000. If the YTM on these bonds is 9 percent, what is the current bond price? 7:35 Multiple Choice $874.92 S819.50 $63121 Boy Next

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