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Weismann Company issued 19 -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 19 -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 8 percent, what is the current bond price? Multiple Choice $1,760.33 $905.46 $939.33 $915.46 $640.25

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