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Weismann Company issued 17 -year bonds a year ago at a coupon rate of 11 percent. The bonds make semiannual payments and have a par

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Weismann Company issued 17 -year bonds a year ago at a coupon rate of 11 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 $1,000.00 $1,823.73 $586.82 $1,010.00

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