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Weismann Company issued 14 -year bonds a year ago at a coupon rate of 7 percent. The bonds make semiannual payments and have a par

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Weismann Company issued 14 -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 11 percent, what is the current bond price? Multiple Choice $1,755.44 $813.21 $726.75 $695.91

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