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Weismann Company issued 5-year bonds a year ago at a coupon rate of 12 percent. The bonds make semiannual payments and have a par value

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Weismann Company issued 5-year bonds a year ago at a coupon rate of 12 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 $1,134.65 $1,094.04 $1,144.65 $1,273.31 $785.71

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