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Weismann Company Issued 12-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 Company Issued 12-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 $1.051.93 $1,072.26 $1,582.04 $1,082.26 $679.77

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