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Weismann Company issued 9-year bonds a year ago at a coupon rate of 9 percent. The bonds make semiannual payments and have a par value

Weismann Company issued 9-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 12 percent, what is the current bond price? Multiple Choice $858.41 $1,610.35 $732.21 $848.41 $902.97

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